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$ 1,025,000
Est. payment | /mo
6,098 Sqft Lot
$ 1,025,000
Est. payment | /mo
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5723493
HOA Y/N No
Originating Board recolorado
Year Built 1961
Annual Tax Amount $7,042
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi-Family
Property Description
Opportunity is knocking for you in this fabulous 6-plex at 1634 Boston St of Aurora, CO! Just minutes to the Anschutz Medical Campus and Children's Hospital. Four out of six units are currently under lease making this a fantastic income opportunity at a Net Cap Rate of 5.36% currently and Net ProForma estimate of 10.38%. Many parks are within walking distance including Montview Park just to the North and Aurora City Park just a little further to the East. Rents include water and gas with a bill back to the tenant for trash collection, electric, and internet/TV. All units are 2 bed/1 bath and have rents currently ranging from $1,600 to $1,750. Many entertainment options abound at the Stanley Marketplace including Denver Biscuit Company, Logan Coffee House, and the Stanley Beer Hall along with shopping at many local boutiques just North of the building.
Location
State CO
County Adams
Zoning R-4
Interior
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Real Broker, LLC DBA Real • steven@pathhometeam.com,303-587-0402
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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