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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,456 sqft
Price per Sqft $153
Subdivision Sable Village Filing 1
MLS Listing ID 6318366
Bedrooms 7
Year Built 1979
Annual Tax Amount $4,607
Tax Year 2022
Lot Size 5,400 Sqft
Property Sub-Type Triplex
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
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 3.0
Utilities Available Cable Available, Electricity Available
Roof Type Composition
Building
Lot Description Cul-De-Sac
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Sable
Middle Schools North
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT
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