NOT LISTED FOR SALE
8 Beds
4 Baths
3,512 Sq Ft
9,496 Sq Ft Lot

Last Sold June 07, 2023

Last sale price $1,070,000 $305 Per Sq Ft

27 Days on Market

Highlights

  • 4 Fireplaces
  • No HOA
  • Forced Air Heating System
  • End Unit
  • 4 Car Attached Garage
  • Evaporated cooling system

About This Home

As of June 2023

Multifamily quadplex with four garages located in Southeast Aurora, Colorado. Turn-Key with lots of upside for rent increases. 6.2% Cap Rate! Includes four, 2-bedroom, 1 Bath, condo-like units with attached garages and front loader washer/dryer in each unit. Main floor units include fenced in back patios. Upstairs units featured vaulted ceilings and skylights. Each unit has a dedicated attached single-car garage and additional off-street parking on the driveway. Tenants pay ALL utilities. Multifamily properties are RARE in this neighborhood and subdivision. Great cash flow opportunity for investors or owner occupants looking to “house hack” by living in one unit and having their tenants pay the mortgage.

Last Listed By

Michelle Glass

Keller Williams Realty Urban Elite License #100038971 Listed on: 04/13/2023

Keller Williams Realty Urban Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,370

Year Built

  • Built in 1985

Lot Details

  • 9,496 Sq Ft Lot
  • End Unit

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Iowa Elementary School
  • Mrachek Middle School
  • Gateway High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for electricity, gas, internet, trash collection, water
  • Assessor Parcel Number 032583363

Community Details

Overview

  • No Home Owners Association
  • Village Four Plexes Sub 1St Flg Subdivision

Building Details

  • Operating Expense $13,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,370

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 3512
  • Exclusions: Tenant's personal property
  • Living Area: 3512
  • SubdivisionName: Village Four-Plexes Sub 1st Flg
  • Ownership: Individual
  • REC_RVSpaces: 0
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 4
  • Common Walls: End Unit
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Total Parking Spaces: 8
  • REC_ParkingCount: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 13079

Schools

  • Middle Or Junior School: Mrachek

Lot Info

  • Parcel Number: 032583363
  • Lot Size Acres: 0.22
  • Building Area Total: 3512
  • Lot Size Sq Ft: 9496
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas, Internet, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4370

MLS Schools

  • Elementary School: Iowa
  • High School: Gateway

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $1,070,000 -4.9% $305 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $1,125,000 0.0% $320 / Sq Ft
12/27/2022 12/27/22 Rented $1,650 0.0% --
12/03/2022 12/03/22 For Rent $1,650 -- --
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4594561

REcolorado®

APN: 1975-16-4-31-002