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$ 435,000
Est. payment /mo
New
832 Elmira ST Aurora, CO 80010
2 Beds
3 Baths
1,618 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,618 sqft
Price per Sqft $268
Subdivision Colfax Villa Resub 2Nd Flg
MLS Listing ID 4908892
Bedrooms 2
HOA Y/N No
Year Built 1951
Property Sub-Type Duplex
Property Description
*NON-CONFORMING DUPLEX, buyer to do own due diligence. But great purchase for a seasoned investor looking for a TRUE 7.1 CAP RATE in the path of development. SFR turned into duplex with $3520 in current rents. Just received an FHA appraisal at $455,000 with 2nd full kitchen in basement as approved use.
Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November.
Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026.
Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November.
Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026.
Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Location
State CO
County Arapahoe
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Evaporative Cooling
Exterior
Exterior Feature Private Yard
Waterfront Description Public
Roof Type Composition
Porch Covered, Front Porch, Patio
Private Pool No
Building
Story One
Sewer Public Sewer
Water Public
Schools
School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J
Others
Senior Community No
Tax ID 031105498
Special Listing Condition None Known
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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 byKhaya Real Estate LLC