Estimated Value: $772,000 - $1,092,665
Introducing an exceptional investment opportunity in Aurora, Colorado! This triplex offers an array of enticing features and benefits for astute investors seeking steady income and potential capital appreciation. Situated in close proximity to the renowned Anschutz Campus, this property guarantees a favorable location for attracting tenants and ensuring a high demand for housing.
With post-renovation stabilized rents projected at $2,500 per month, this triplex provides a secure and reliable rental income stream. Two of the units are currently rented, providing an immediate and guaranteed return on investment. Furthermore, the third unit has undergone extensive renovations and is now ready to welcome a tenant at a projected market rent of $2,500, amplifying the potential for increased profitability.
Each unit within this triplex features a spacious layout encompassing three bedrooms and two bathrooms, ideal for accommodating families and professionals seeking ample living space. The mid-century architecture with brick accents exudes a timeless appeal, combining aesthetics with functionality. Additionally, the property boasts outdoor space and convenient parking, enhancing the overall desirability for tenants.
Recently painted and landscaped, the exterior of the triplex exudes a fresh and welcoming ambiance, further increasing its curb appeal. This investment opportunity showcases remarkable potential for a strong cap rate when rented at market rates, currently estimated at 6.6 percent.
Don't miss out on this incredible chance to invest in a thriving market. Aurora, Colorado presents a promising real estate landscape, and this triplex is perfectly positioned to capitalize on the region's growth. Act now and seize the potential for long-term financial success and stability. Contact us today to explore this remarkable opportunity further!
Last Agent to Sell the Property
LIV Sotheby's International Realty License #100088868 Listed on: 06/23/2023
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Schools
Utilities
Additional Features
Listing and Financial Details
Overview
Building Details
$950,000
Property is 100% Occupied Current CAP Rate 8% based on cash purchase. Attention Investors and Owner Occupants. Fabulous Ranch Quadplex is perfect option if you are looking 4 bedroom home with additional 3 unit for income or a low maintenance four-unit investment opportunity, with additional income from garage/work shop. Updates to the building include New Roof and gutters on building and
Kristen Miller A Perfect Location Realty
$875,000
This is 6 units.Elmira and MLK, close to redevelopment at Stapleton. Close to everything.
Rich Davis Rd Realty LLC
$1,075,000
Conveniently situated less than one mile from the Children's Hospital Colorado Anschutz Medical Campus, 14280 E 22nd Pl in Aurora is a 3-unit apartment building, including three large townhome style three-bedroom, one and one half-bathroom residences. Built in 1973 with classic brick and frame construction and a composition shingle pitched roof, this property has undergone extensive renovations
William McCauley Unique Properties LLC
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Colony Management Llc | -- | Land Title Guarantee | |
| 58-62 Lima Street Llc | -- | None Available | |
| Ptarmigan Summit Llc | $193,911 | American Title Svcs | |
| Peterkin Karl F | $339,000 | Empire Title & Scrow | |
| King Charis A | $275,000 | First American | |
| The Gendill Family Trust | -- | -- | |
| Gendill Ernest F & Eleanor M Trustees | -- | -- | |
| Conversion Arapco | -- | -- | |
| Conversion Arapco | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peterkin Karl F | $333,762 | |
| Previous Owner | King Richard C | $220,500 | |
| Previous Owner | King Richard C | $31,500 | |
| Previous Owner | King Charis A | $225,950 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $1,020,000 | -2.9% | $205 / Sq Ft |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | Price Changed | $1,050,000 | -2.3% | $211 / Sq Ft |
| 06/23/2023 06/23/23 | For Sale | $1,075,000 | -- | $216 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,328 | $46,565 | -- | -- |
| 2023 | $4,328 | $46,565 | $0 | $0 |
| 2022 | $3,892 | $38,760 | $0 | $0 |
| 2021 | $4,106 | $38,760 | $0 | $0 |
| 2020 | $3,399 | $32,647 | $0 | $0 |
| 2019 | $3,381 | $32,647 | $0 | $0 |
| 2018 | $3,153 | $29,822 | $0 | $0 |
| 2017 | $2,743 | $29,822 | $0 | $0 |
| 2016 | $1,952 | $20,776 | $0 | $0 |
| 2015 | $1,884 | $20,776 | $0 | $0 |
| 2014 | $1,421 | $15,092 | $0 | $0 |
| 2013 | -- | $15,000 | $0 | $0 |
M
Seller's Agent in 2023
Melissa Farrar
LIV Sotheby's International Realty
(425) 221-0712
1 in this area
91 Total Sales
Seller Co-Listing Agent in 2023
Karlye Pokorney
LIV Sotheby's International Realty
1 in this area
91 Total Sales
Buyer's Agent in 2023
Danny Pomirchy
PMG Realty
(720) 454-8027
3 in this area
79 Total Sales
Source: REcolorado®
MLS Number: 6079271
APN: 1973-11-3-09-014
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