1634 Boston ST new to site

Aurora,CO 80010

$ 1050000

- Bed

- Bath

- SqFt


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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