Multifamily investment opportunity in Aurora featuring three one-bedroom units, one two-bedroom unit and one three-bedroom unit. Three occupied units provide in-place income, while two vacant units offer immediate flexibility for lease-up, renovation or repositioning.
The current owner has made a substantial investment in capital improvements and ongoing maintenance, including boiler and… Read More plumbing work along with updates to select units. Interior features vary by unit, with available spaces showcasing hardwood flooring, bright living areas, functional kitchens and efficient single-level layouts. The low-profile brick construction, individual exterior entries and practical unit mix support straightforward management and broad rental appeal.
The property is located within a census tract nominated by the State of Colorado for inclusion in the new Opportunity Zone 2.0 program. Final designation remains subject to certification by the U.S. Department of the Treasury. This property presents an opportunity to acquire an operating five-unit asset with completed infrastructure work and additional income potential through leasing the vacant units, optimizing rents and implementing a more comprehensive tenant utility-reimbursement program. Buyer should consult qualified tax and legal advisors and independently verify Opportunity Zone status, eligibility and potential benefits. Read Less
Courtesy of Your Castle Real Estate Inc [email protected],303-901-5900
Listing Snapshot
Days Online
4
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
2,890
Lot Size
0.16 Acres
Year Built
1959
MLS Number
8832611
Additional Details
Property Access
Road Responsibility: Public Maintained Road
Basement
Partial, Unfinished
Building
Built in 1959, Living area: 2890, Levels: One, Construction Materials: Frame
Cooling
Air Conditioning-Room
Floors
Wood
Heating
Baseboard
Laundry
Common Area
Lot
0.16 acres
Parking
5 total parking spaces, Asphalt
Roof
Composition
Sewer
Public Sewer
Taxes
Parcel Number: R0094752, Annual Amount: $5,567, Legal Description: SUB:AURORA SUBD BLK:60 DESC: N 12/5 FT OF LOT 32 ALL LOT 33 AND S 18/75 FT OF LOT 34 EXC REAR 8 FT, Year: 2025, Zoning: R-3
Utilities
Electricity Connected, Natural Gas Connected, Water Source: Public
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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