$1,050,000
For Sale

1634 Boston Street

Aurora, CO 80010
5148 sqft | 0.14 acres | #5723493
Listing OfficeReal Broker, LLC DBA Real
Browse 12 photos
Type:Purchase
Structure:2 Family
Zone:Commercial

Description

Opportunity is knocking for you in this fabulous 6-plex at 1634 Boston St of Aurora, CO! Just minutes to the Anschutz Medical Campus and Children's Hospital. Four out of six units are currently under lease making this a fantastic income opportunity at a Net Cap Rate of 5.36% currently and Net ProForma estimate of 10.38%. Many parks are within walking distance including Montview Park just to the North and Aurora City Park just a little further to the East. Rents include water and gas with a bill back to the tenant for trash collection, electric, and internet/TV. All units are 2 bed/1 bath and have rents currently ranging from $1,600 to $1,750. Many entertainment options abound at the Stanley Marketplace including Denver Biscuit Company, Logan Coffee House, and the Stanley Beer Hall along with shopping at many local boutiques just North of the building.

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
      • Lot DescriptionNear Public Transit
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$1,050,000
      • Property TypePurchase
      • MLS #5723493
      • Cost1050000
      • MLS #5723493
      • Utility SourcePublic
      • Taxes Annual$7,042
      • CountyAdams
      • Acres0.14
      • Square Feet5148
      • Year Built1961

Location

Hanover CommercialReal Estate Group

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