832 Elmira St, Aurora, CO 80010

$420,000
2
BD
3
BA
1,618
SqFt

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Listing courtesy of Lisa Schoen.

Lisa@KhayaRealEstate.com,303-931-0689

List Price
$420,000
Status
ACTIVE
Price Change
▼ $5,000 1792533626
MLS#
4908892
Subtype
Residential Income
Year Built
1951
Bedrooms
2
Bathrooms
3
Living Area
1,618
Subdivision
Colfax Villa Resub 2nd Flg
Neighborhood
Metro15/AUN
MLS Area Major
Metro Denver

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

Taxes
$2,886
Heating
Forced Air
Air Conditioning
Evaporative Cooling
Levels
One
Roof
Composition
Parking Features
Off Street
Garage Spaces
6
School District
Adams-Arapahoe 28J
Elementary School
Fulton
Middle School
Aurora West
High School
Aurora Central

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