1161-1165 Dayton Street, Aurora, CO 80010
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1161-1165 Dayton Street,Aurora, CO 80010
$739,000
- 7 Beds
- 4 Baths
- 3,089 sq. ft.
- Multi-family
- Active
Listed by: tanner schuetz, daniel beckiustanner.schuetz@grantrealestate.net,941-224-1622
Office: grant real estate company
MLS#:4995159
Source:ML
Price summary
- Price:$739,000
- Price per sq. ft.:$239.24
About this home
Calling all investors and owner-occupants! This updated Aurora quadplex offers immediate income with clear upside and is priced to sell as-is. The property consists of four units total: three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a strong and flexible unit mix. This is not a heavy rehab as the property has seen thoughtful updates throughout and is well maintained. One 2-bedroom unit is vacant, refreshed, and fully rent-ready, allowing a buyer to step in and immediately stabilize operations or utilize it as an owner occupant investment property. Once the vacant unit is leased, the property will operate at an estimated 6.1% cap rate, with a pro forma cap rate of approximately 8.2% at market rents, making this a compelling value-add opportunity without major construction risk. Two additional units are currently occupied by reliable tenants, and the remaining unit provides future upside as turnover occurs. Additional highlights include four reserved alley-loaded parking spaces and a central Aurora location within walking distance to The Parks at Del Mar Circle, City Park of Aurora, and the shopping and dining corridor along East Colfax. Well-located, updated multi-family assets with both immediate cash flow and strong pro forma returns are increasingly hard to find at this price point. Schedule your showing today!
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Home facts
- Year built:1957
- Listing ID #:4995159
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Living area:3,089 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:3,089 sq. ft.
Schools
- High school:Aurora Central
- Middle school:Boston K-8
- Elementary school:Boston K-8
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$739,000
- Price per sq. ft.:$239.24
- Tax amount:$4,270 (2024)
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