Active
1350 Kingston Street
Aurora CO, 80010
$1,525,000
$185.16 per sqft
Active
8,236 sqft
Commercial
Built in 1949
This is a rare opportunity to invest in a fully occupied and well-maintained multifamily property in Aurora, Colorado. The 2-story building contains 10 units with a diverse mix of floor plans including 1-studio, 1-1BR, 1-3BR, and 7-2BR apartments. The total square footage of the building is 8,236 SF. Each unit has its own furnace and individually metered through Xcel for Gas & Electric, providing individual control over heating and energy costs. The owner covers all other utilities and bills on a pass-through pro-rata basis, ensuring that all expenses are fairly allocated. Some renovations have taken place including updated kitchens and bathrooms in about half of the units, high-quality flooring, and an on-site coin-operated laundry room. Additionally, the building has a brand new roof with a transferable warranty, providing added value and peace of mind to the new owner. This property is located in a desirable up & coming area close to Fitzsimmons Medical Campus and amenities on Colfax. Aurora is a growing and vibrant city with easy access to public transportation, major highways, and downtown Denver. Investment Highlights: * Strong and stable rental history * Diverse unit mix appeals to a wide range of tenants * Excellent location with high demand for rental housing * On-site parking available * Opportunity for additional value-add improvements This is an outstanding opportunity for an investor to acquire a well-maintained and fully occupied multifamily property in Aurora, Colorado. With individual metering and control over heating and energy costs, this property offers a unique advantage over similar properties. Don't miss your chance to add this property to your investment portfolio. For more information on this property or to schedule a tour, please contact us today.
5470650
MLSⓇ ID
December 18, 2023
Listed
May 9, 2024
Updated
Map
1350 Kingston Street
Aurora CO, 80010
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.29 Acres
Lot Features
Near Public Transit
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$6,145
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
Arapahoe
Water Source
Public
Pool
No
Zoning
OA-RMU
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
3/2/2024 | Price Change | $1,525,000 -2% |
1/31/2024 | Price Change | $1,550,000 -4% |
1/24/2024 | Active | — |
1/11/2024 | Under Contract | — |
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Data last updated 9:05 AM UTC, 5/9/2024
