$467,500
$470,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,512 SqFt
SOLD DATE : 11/06/2020
Key Details
Sold Price $467,500
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Subdivision West Colfax
MLS Listing ID 8516337
Sold Date 11/06/20
Style Ranch
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 1,512
Originating Board REcolorado
Year Built 1957
Annual Tax Amount $2,781
Lot Size 6,098 Sqft
Acres 0.14
Property Description
(All interested parties are hereby notified that the Seller is a licensed real estate broker in the state of Colorado acting on his own behalf in the Sell of this property.)..............
Location, Location, Location!!! Phenomenal investment opportunity to own a fully functioning duplex (2 units (both 2 bed/1 bath)) in Aurora just minutes from Stanley Market Place (great restaurants), I-225 and I-70 (for commuting), and the Anschutz Medical Center, Children's Hospital, VA and the University Medical Centers. Owner lives in one unit and leases second unit to established tenants providing dependable cash flow...........
Immediately upon arrival you are greeted by a professionally designed xeriscape landscape sprinkler and drip irrigation. The home has an appealing traditional framed exterior with new roof (April 2020), a fresh coat of paint (May 2020) and duel pane windows installed in 2016. Both the front and rear have stone patios and the pergola out back stays with the property............
As you enter the rear unit (1281 Alton) which is impeccably maintained, you're welcomed by a bright living/dining room area. This unit has newer finishes including a remodeled kitchen and bath with laminate flooring. The front unit 1285 has had the same reliable tenants for years, so it's not as up to date, but it is fully functional and well maintained. Each unit is complete with two generously sized bedrooms along with a full kitchen, bath, living and dining area. The detached garage provides extra storage and the driveway has room for up to 4 vehicles...........
Use the income you generate from the second unit towards your mortgage payment and quickly build equity in this fantastic rental property. Or, upgrade the front unit to maximize cash flow. Perfect for someone looking to invest in a home with stable tenants, live-in and rent for additional income.
Location
State CO
County Arapahoe
Area Metro Denver
Direction Colfax Ave. and Yosemite St. is the closest major intersection. The property is located South of Colfax Ave. between 13th and 12th and 2 blocks East of Yosemite.
Interior
Heating Forced Air
Cooling Room Air Conditioner
Window Features Triple Pane Windows
Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Garage Spaces 4.0
Fence Partial
Utilities Available Electricity Available, Cable Available
Roof Type Fiberglass
Porch Patio
Building
Lot Description Gutters, Lawn Sprinkler System
Faces East
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Wood Siding,Concrete
New Construction false
Schools
Elementary Schools Boston K-8
Middle Schools Boston K-8
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Other Owner
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Bought with Madison & Company Properties
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