$490,000
$485,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,344 SqFt
SOLD DATE : 10/09/2020
Key Details
Sold Price $490,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Subdivision West Colfax-Aurora-3040
MLS Listing ID 6026989
Sold Date 10/09/20
Style Ranch
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 2,344
Originating Board REcolorado
Year Built 1952
Annual Tax Amount $3,096
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Fantastic opportunity to purchase a triplex in Aurora! Close to Fitzsimons Redevelopment including Children's Hospital, UC Health, and Veterans Hospital. Steps from the newly revamped Aurora Fox Art Center & Art District. Each unit is individually metered for gas/electric and has Washer/Dryer hookups. This is a turn-key investment, however, rents are under market and there is room to increase cash flow. Value-add strategy would include updating kitchens/bathrooms and increasing rent to market, making this a 7%+ cap rate investment in a quickly appreciating area.
Location
State CO
County Arapahoe
Area Metro Denver
Zoning Duplex/Triplex
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Garage Spaces 3.0
Roof Type Composition
Building
Faces West
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Kenton
Middle Schools Aurora West
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Madison & Company Properties
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