832 Elmira StreetAurora, CO 80010
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$2,030*NON-CONFORMING DUPLEX, buyer to do own due diligence. But great purchase for a seasoned investor looking for a TRUE 7.1 CAP RATE in the path of development. SFR turned into duplex with $3520 in current rents. Just received an FHA appraisal at $455,000 with 2nd full kitchen in basement as approved use. Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November. Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026. Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Price changed to $445,000 | |
| 3 months ago | Listing first seen on site |
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