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.
Off market
$525,000
1450 Elmira St, Aurora, CO 80010
6beds
3baths
2,344sqft
MultiFamily
Built in 1952
-- sqft lot
$-- Zestimate®
$224/sqft
$1,965 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced air
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Basement: Crawl Space
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 2,344 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 6,969 sqft
Details
- Parcel number: 197303105016
- Zoning description: Duplex/Triplex
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Aurora
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Forced Air
- HeatingYN: true
- ConstructionMaterials: Brick
- PropertyAttachedYN: true
- Roof: Composition
- Basement: Crawl Space
- CoveredSpaces: 0
- CommonWalls: 2+ Common Walls
- ParkingFeatures: Off Street
- LaundryFeatures: In Unit
- NetOperatingIncome: 25600.00
- GrossIncome: 34200.00
- MlsStatus: Pending
- ZoningDescription: Duplex/Triplex
- GrossScheduledIncome: 49500.00