1350 Kingston Street, Aurora, CO, 80010
- $1,750,000
Overview
- CommercialSale, MultiFamily
- 12632 Sq Ft
- 1949
Description
This is a rare opportunity to invest in a fully occupied and well-maintained multifamily property in Aurora, Colorado. The 2-story building contains 10 units with a diverse mix of floor plans including 1-studio, 1-1BR, 1-3BR, and 7-2BR apartments. The total square footage of the building is 8,236 SF. Each unit has its own furnace and individually metered through Xcel for Gas & Electric, providing individual control over heating and energy costs. The owner covers all other utilities and bills on a pass-through pro-rata basis, ensuring that all expenses are fairly allocated. Some renovations have taken place including updated kitchens and bathrooms in about half of the units, high-quality flooring, and an on-site coin-operated laundry room. Additionally, the building has a brand new roof with a transferable warranty, providing added value and peace of mind to the new owner. This property is located in a desirable up & coming area close to Fitzsimmons Medical Campus and amenities on Colfax. Aurora is a growing and vibrant city with easy access to public transportation, major highways, and downtown Denver. Investment Highlights: Strong and stable rental history Diverse unit mix appeals to a wide range of tenants Excellent location with high demand for rental housing On-site parking available Opportunity for additional value-add improvements This is an outstanding opportunity for an investor to acquire a well-maintained and fully occupied multifamily property in Aurora, Colorado. With individual metering and control over heating and energy costs, this property offers a unique advantage over similar properties. Don’t miss your chance to add this property to your investment portfolio. For more information on this property or to schedule a tour, please contact us today.
Address
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Address: 1350 Kingston Street
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City: Aurora
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State/county: Arapahoe
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Zip/Postal Code: 80010
Details
Updated on March 21, 2023 at 1:31 pm-
Property ID HZ9925013
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Price $1,750,000
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Property Size 12632 Sq Ft
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Year Built 1949
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Property Type CommercialSale, MultiFamily
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Property Status Active
Additional details
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PropertySubType MultiFamily
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Tax Year 2022
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Architectural Style Traditional, Detached
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Road SurfaceType Paved
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Construction Materials Frame
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Utilities ElectricityConnected
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Roof Composition
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Laundry Features Coinoperated
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LotSize SquareFeet 12632
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LotSizeArea 0.29
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LotSizeUnits Acres
Features
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