$533,334
Active
58 Days Online
4 Beds2 Baths1,495 SQFT
Active

1452 Iola St Aurora, CO 80010

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Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development-a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth. Offering Memorandum is in the following Dropbox link: https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0?rlkey=96u79hi1dx6uarrz28u2tw3id&st=wwt2nz60&dl=0

  • Property TypeMulti-Family
  • NeighborhoodDelmar Parkway
  • CountyArapahoe
  • Taxes$3,073
  • HOA/Condo/Coop Fees$0
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID Number9637522
  • Home Size Source Assessor
  • Year Built1952
  • Lot Size0.26 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Ranch
  • Sewer Public Sewer
  • Basement Crawl Space
  • Number of Stories 1
  • Acreage 0.26
  • Property Sub Type Multi Family
  • Garage Spaces 5
  • Attached Garage No
  • Garage Off Street
  • Construction Brick/Brick Veneer
  • Tenant Pays GasElectricity
  • Buyer Agent Compensation 2.00 %

Interior Features

  • Heating Forced Air
  • Basement Foundation Crawl Space

Exterior Features

  • Roof Composition
  • Waterfront Property No
  • Waterfront No

Community Features

  • Senior Community No
  • MLS Area Metro Denver

Schools

School District
Adams-Arapahoe 28J
Elementary School
Kenton
Middle School
Aurora West
High School
Aurora Central

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Monthly Payment (Est.)

$2,807
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