$1,070,000
$1,125,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,512 SqFt
SOLD DATE : 06/07/2023
Key Details
Sold Price $1,070,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,512 sqft
Price per Sqft $304
Subdivision Village Four-Plexes Sub 1St Flg
MLS Listing ID 4594561
Sold Date 06/07/23
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1985
Annual Tax Amount $4,370
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Multifamily quadplex with four garages located in Southeast Aurora, Colorado. Turn-Key with lots of upside for rent increases. 6.2% Cap Rate! Includes four, 2-bedroom, 1 Bath, condo-like units with attached garages and front loader washer/dryer in each unit. Main floor units include fenced in back patios. Upstairs units featured vaulted ceilings and skylights. Each unit has a dedicated attached single-car garage and additional off-street parking on the driveway. Tenants pay ALL utilities. Multifamily properties are RARE in this neighborhood and subdivision. Great cash flow opportunity for investors or owner occupants looking to “house hack” by living in one unit and having their tenants pay the mortgage.
Location
State CO
County Arapahoe
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplaces Number 4
Fireplace Y
Exterior
Garage Spaces 4.0
Roof Type Composition
Total Parking Spaces 8
Garage Yes
Building
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame, Wood Siding
Schools
Elementary Schools Iowa
Middle Schools Mrachek
High Schools Gateway
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Jumbo
Listing Terms Cash, Conventional, Jumbo
Special Listing Condition None
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