$665,000
$679,900
2.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,304 SqFt
SOLD DATE : 05/09/2023
Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $288
Subdivision Aurora Sub
MLS Listing ID 5877074
Sold Date 05/09/23
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 1,152
Originating Board recolorado
Year Built 1943
Annual Tax Amount $3,540
Tax Year 2021
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Don't miss your opportunity to invest in a multi-unit, income-producing property. The cap rate is 7.06%. With an eye to the future, this property offers investors the potential to yield a greater return with an increase in rent to match current market prices. The property has recently been renovated (estimated $125,000 in updates) and features long-term tenants who are looking to stay. Updates throughout the interior and exterior, too many to list but include new flooring, subfloors in some of the units, fencing, windows, showers, appliances, and much more. Each unit has its own private entrance and access to the shared laundry space. The backyard is spacious and perfect for outdoor entertaining and gardening. Dedicated and private parking spaces behind the unit sets this property apart from the neighboring properties. Don't miss out on this unique opportunity. Call for a showing today.
Location
State CO
County Adams
Rooms
Basement Exterior Entry, Finished
Interior
Interior Features Ceiling Fan(s)
Heating Baseboard
Cooling Air Conditioning-Room
Flooring Laminate
Fireplace N
Appliance Cooktop, Dryer, Gas Water Heater, Range, Refrigerator, Washer
Laundry Common Area, In Basement
Exterior
Exterior Feature Fire Pit, Garden, Private Yard
Garage Concrete
Fence Full
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 7
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame, Stucco
Schools
Elementary Schools Crawford
Middle Schools Aurora West
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with HomeSmart Realty
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Broker-Owner | Lic# 40035149
jenelle@supremerealtygroup.com
11786 Shaffer Place Unit S-201, Littleton, CO, 80127