This income producing property offers both immediate cash flow with a 5.3% cap rate and long term upside projected 6.3% cap, in one of Aurora's most accessible corridors. Currently tenant occupied with flexible lease terms, investors have the option to continue generating income or explore future adjustments to maximize returns… Read More as timing allows. The home features 2 bedrooms and 1 bathroom across a functional single level layout, complemented by a partial basement that provides additional flex space for storage or future improvement. Durable finishes, including laminate and tile flooring, along with updated concrete and an expansive backyard, create low maintenance appeal for both owners and tenants. A detached garage and carport with tandem parking, plus an extended driveway, add practical value that renters consistently prioritize. The property is located just minutes from major medical and employment hubs, including UCHealth University of Colorado Hospital, Anschutz Medical Campus, and Children's Hospital, an area that consistently attracts a tenant base. Everyday conveniences are close at hand, with local dining, coffee shops, and neighborhood markets nearby, with quick access to major roadways for easy connection to both Denver and DIA. Nearby parks, trails, and green space further enhance livability, supporting long term tenant retention. With projected upside in income, and built in flexibility for future repositioning, this property presents a compelling opportunity for investors seeking both stability and growth. Property is sold as-is, without warranties expressed or implied, and is subject to court approval. Call agent for details. Read Less
Courtesy of Robert Balentine,
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
748
Lot Size
0.15 Acres
Year Built
1923
MLS Number
2473484
30 Days Snapshot Of 80010
$424k
-6%
(avg) sold price
26
+30%
homes sold
56
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Refrigerator", "Fire Alarm"
Basement
Basement: "Partial", "Crawl Space"
Building
Construction Materials: "Frame", "Stucco", Levels: "One", Living Area: 748, Year Built: 1923
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