1350 Kingston Street, Aurora, CO, 80010
  • $1,750,000

Overview

Property ID: HZ9925013
  • CommercialSale, MultiFamily
  • Property Type
  • 12632 Sq Ft
  • Area Size
  • 1949
  • Year Built

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: 1350 Kingston Street
  • City: Aurora
  • State/county: Arapahoe
  • Zip/Postal Code: 80010

Details

Updated on March 21, 2023 at 1:31 pm
  • Property ID HZ9925013
  • Price $1,750,000
  • Property Size 12632 Sq Ft
  • Year Built 1949
  • Property Type CommercialSale, MultiFamily
  • Property Status Active

Additional details

  • PropertySubType MultiFamily
  • Tax Year 2022
  • Architectural Style Traditional, Detached
  • Road SurfaceType Paved
  • Construction Materials Frame
  • Utilities ElectricityConnected
  • Roof Composition
  • Laundry Features Coinoperated
  • LotSize SquareFeet 12632
  • LotSizeArea 0.29
  • LotSizeUnits Acres

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