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LoKation Real Estate
832 Elmira St, Aurora, CO 80010
- $420,000
- 2
- BD
- 3
- BA
- 1,618
- SqFt
Courtesy of Khaya Real Estate LLC . Lisa@KhayaRealEstate.com,303-931-0689
- List Price
- $420,000
- Status
- ACTIVE
- Price Change
- ▼ $5,000 1792533351
- MLS#
- 4908892
- Subtype
- Residential Income
- Year Built
- 1951
- Bedrooms
- 2
- Bathrooms
- 3
- Living Area
- 1,618
- Subdivision
- Colfax Villa Resub 2nd Flg
Property Description
*NON-CONFORMING DUPLEX, buyer to do own due diligence. But great purchase for a seasoned investor looking for a TRUE 7.1 CAP RATE in the path of development. SFR turned into duplex with $3520 in current rents. Just received an FHA appraisal at $455,000 with 2nd full kitchen in basement as approved use. Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November. Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026. Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Additional Information
- Exterior Features
- Private Yard
- Taxes
- $2,886
- Heating
- Forced Air
- Air Conditioning
- Evaporative Cooling
- Levels
- One
- Roof
- Composition
- School District
- Adams-Arapahoe 28J
- Elementary School
- Fulton
- Middle School
- Aurora West
- High School
- Aurora Central
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