1735 Chester, Aurora, CO 80010
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1735 Chester,Aurora, CO 80010
$765,000
- 8 Beds
- 5 Baths
- 2,890 sq. ft.
- Multi-family
- Active
Listed by: preston newberry
Office: your castle real estate inc
MLS#:8832611
Source:ML
Price summary
- Price:$765,000
- Price per sq. ft.:$264.71
About this home
Multifamily investment opportunity in Aurora featuring three one-bedroom units, one two-bedroom unit and one three-bedroom unit. Three occupied units provide in-place income, while two vacant units offer immediate flexibility for lease-up, renovation or repositioning.
The current owner has made a substantial investment in capital improvements and ongoing maintenance, including boiler and plumbing work along with updates to select units. Interior features vary by unit, with available spaces showcasing hardwood flooring, bright living areas, functional kitchens and efficient single-level layouts. The low-profile brick construction, individual exterior entries and practical unit mix support straightforward management and broad rental appeal.
The property is located within a census tract nominated by the State of Colorado for inclusion in the new Opportunity Zone 2.0 program. Final designation remains subject to certification by the U.S. Department of the Treasury. This property presents an opportunity to acquire an operating five-unit asset with completed infrastructure work and additional income potential through leasing the vacant units, optimizing rents and implementing a more comprehensive tenant utility-reimbursement program. Buyer should consult qualified tax and legal advisors and independently verify Opportunity Zone status, eligibility and potential benefits....
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Home facts
- Year built:1959
- Subdivision & Development:Aurora Sub
- Listing ID #:8832611
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Flooring:Wood
- Basement Description:Partial, Unfinished
- Living area:2,890 sq. ft.
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1959
- Building area:2,890 sq. ft.
- Construction Materials: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:$765,000
- Price per sq. ft.:$264.71
- Tax amount:$5,567
Features and amenities
- Laundry features:Common Area
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