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James T. Wanzeck

At RE/MAX Professionals (formerly Masters Millennium), James T. Wanzeck and his team are dedicated to providing superior customer service and 100% cli...

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Listing Source

With courtesy of
Pinnacle Real Estate Advisors
Posted by
REcolorado (Denver)

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1448 Iola Street

Aurora, CO 80010 — Arapahoe County — Delmar Parkway Neighborhood

Duplex $533,334 Expired Listing# 5416058

4 beds 2 baths 1495.00 sqft Lot size: 11488.00 sqft 0.26 acres 1952 build

Updated: 09-17-2024 06:11am

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Property Description

Offering Memorandum is at the following Dropbox link.

https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0?rlkey=96u79hi1dx6uarrz28u2tw3idandst=wwt2nz60anddl=0

Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth.

Listing Details

Property Type: Duplex
Listing#: 5416058
Source: REcolorado (Denver)
Last Updated: 09-17-2024 06:11am
Status: Expired
Off Market Date: 08-30-2024 12:00am

Property Details

Property Subtype: Duplex
Sold Price: $533,334
Original Price: $533,334
Location: Aurora, CO 80010
SqFT: 1495.00
Year Built: 1952
Acres: 0.26
Bedrooms: 4
Bathrooms: 2
Levels: One

Map

Property Level and Sizes

SqFt Lot: 11488.00
Lot Size: 0.26

Financial Details

Previous Year Tax: 3073.00
Year Tax: 2022
Primary HOA Fees: 0.00

Interior Details

Electric: Other
Cooling: Other
Heating: Forced Air
Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected