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$ 650,000
Est. payment /mo
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1690 Akron ST Aurora, CO 80010
6,350 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9910198
Style Traditional
HOA Y/N No
Year Built 1957
Lot Size 6,350 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property Description
Five-unit apartment building on a 6,350 sq ft corner lot in Original Aurora, two blocks north of East Colfax. Built in 1957, the building offers three 1-bedroom and two 2-bedroom units plus 3 off-street parking spaces. In-place rents total $76,800 per year for an estimated NOI of $47,764, a 7.35% cap rate at list price. Bringing rents to market supports a pro forma NOI of about $55,174 (8.49% cap). Owner pays water and sewer. Small enough for an individual investor to self-manage, large enough to qualify as commercial multifamily. Minutes to the Anschutz Medical Campus and Fitzsimons, Stanley Marketplace, I-225 and downtown Denver, with bus service on East Colfax. Offering memorandum and rent roll available to qualified buyers. Tours by appointment only; please do not disturb tenants. Buyer to verify all information, including square footage, zoning, income and expenses.
Location
State CO
County Adams
Zoning RES
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Waterfront Description Public
Roof Type Membrane
Private Pool No
Building
Lot Description Corner Lot, Near Public Transit
Sewer Public Sewer
Water Public
Architectural Style Traditional
Others
Tax ID R0094956
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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 byKeller Williams Real Estate LLC
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