1612 Alton, Aurora, CO 80010
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1612 Alton,Aurora, CO 80010
$674,900
- 7 Beds
- 3 Baths
- 3,024 sq. ft.
- Multi-family
- Active
Listed by: vinh lam, adilene madera
Office: coldwell banker realty 18
MLS#:6840404
Source:ML
Price summary
- Price:$674,900
- Price per sq. ft.:$223.18
About this home
Exceptional investment opportunity in a high-demand Aurora location! This versatile income-producing property offers 3,024 sq ft with stable cash flow and immediate value-add potential. The building features long-term, reliable tenants who have occupied the property for 5+ years. With rents currently below market value, there is substantial upside potential to adjust rates to market levels and significantly boost your cap rate and overall return on investment. A standout feature of this property is the expansive basement with two separate entryways, allowing you to convert it into two fully separate, independent units for additional rental streams. Units are separately metered for gas and electric. Ideally situated near public transit, major thoroughfares, and central Aurora corridors. Whether you are looking to hold for long-term cash flow or execute a value-add strategy, 1612 Alton St delivers unmatched potential.
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Home facts
- Year built:1955
- Subdivision & Development:Aurora
- Listing ID #:6840404
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Basement Description:Finished
- Living area:3,024 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1955
- Building area:3,024 sq. ft.
- Lot Features:Cul-De-Sac, Near Public Transit
- Architectural Style:Traditional
- Construction Materials:Brick, Frame
- Levels:1 Story
Schools
- High school:Aurora Central
- Middle school:Aurora West
- Elementary school:Crawford
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$674,900
- Price per sq. ft.:$223.18
- Tax amount:$4,238
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