$840,000
$875,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
14240 E 22nd PL Aurora, CO 80011
7 Beds
3 Baths
2,728 SqFt
Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,728 sqft
Price per Sqft $307
Subdivision Sable Village Filing 1
MLS Listing ID 6318366
Sold Date 06/24/24
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 2,728
Originating Board recolorado
Year Built 1979
Annual Tax Amount $4,607
Tax Year 2022
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Welcome to this fantastic investor opportunity in Aurora. This triplex offers an ideal investment scenario with significant potential for increased returns. Currently under market rents, there's ample opportunity to maximize profitability by adjusting rental rates to achieve a desirable 6% cap rate. Please see attached rentometer reports reflecting current market rents.
Current lease terms:
14240: $1425 per month and leased until 7/31/24.
14244: $1200 per month and leased until 9/30/24.
14250: $1419 per month and leased until 9/30/24.
Don't miss out on this exceptional opportunity to capitalize on a prime investment property. Whether you're a seasoned investor or venturing into real estate for the first time, this triplex offers a solid foundation for long-term financial success. Current tenants are reliable and pay on time. Property is currently professionally managed. No showings until an offer from a qualified buyer in hand.
Location
State CO
County Adams
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher, Oven, Range, Refrigerator
Exterior
Garage Spaces 3.0
Utilities Available Cable Available, Electricity Available
Roof Type Composition
Total Parking Spaces 3
Garage No
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Sable
Middle Schools North
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT