Overview

Great 3-Unit building in a very good location close to Fitzsimmons hospital redevelopment area. Nice low-maintenance, brick exterior keep expenses low, plus there is a new roof and new gutters. Each unit gets one spot in the detached garage. Separate yards for each unit. Separate meters for gas and electric. Minimal owner-paid expenses. 8.5% Proforma Cap Rate. Finish the basements in the end units for great additional upside potential. Enough space to add 2 beds & 1 bath in each. Lease two of the units and live in the third for next to nothing plus get low down payment financing to get into it. Excellent access to highways, Light Rail R Line and busses. Very long-term tenants have not had rents increased in years. Two bed unit is currently AHA Subsidized.

Location

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Neighborhood

Sable Altura Chambers

Sable Altura Chambers (13)

Property Details

  • Days on PL 29
  • Parking 3 Spaces
  • Lot Size 8,925 SF (0 Acres)
  • PSF $184
  • MLS ID 7794981
  • Type Income
  • Style Low Rise (1-3)
  • Architecture Traditional
  • Structure Type Ranch/1 Story
  • Seller Individual
  • Above Grade sqft 2,750 SF
  • Finished sqft 2,750 FSF
  • Total sqft 5,500 TSF
  • Hoa Fees None
  • Year Built 1982
  • Faces
  • Amenities 1031 Exchange, Air Conditioning-Central, Cable Available, Carpet, Covered Patio, Cul-de-Sac, Dishwasher, Disposal, Eating Space / Kitchen, Evaporative Cooler (Swamp), Fence, Front Porch, Garden Area, Income Potential, Pet Free, Quick Possession, Refrigerator (Kitchen), Stove/Range/Oven, Tenant Occupied, Vinyl/Linoleum, Yard

Additional Details

  • City Aurora
  • School Districts Adams-Arapahoe 28J
  • Elementary School Sable
  • Junior High School East
  • High School Hinkley
  • Zoned R-1
  • Taxes $2,408
  • County Adams
  • Heat Delivery Forced Air
  • Heat Fuel Gas
  • Cooling Air Conditioning-Central, Evaporative Cooler (Swamp)
  • Water
  • Sewer
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction 1982

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