Property is 100% Occupied Current CAP Rate 7.5% Attention Investors and Owner Occupants *Owner Occupant financing Available* Fabulous Ranch Quadplex is perfect option if you are looking 4 bedroom home with additional 3 unit for income or a low maintenance four unit investment and room for additional income from garage/work shop. Updates to the building include New Roof and gutters on building and garage in 2023, New storage shed and some new cement 2023, newer vinyl windows throughout complex, newer electrical panel to the the garage with 220 and on a separate utility meter. Garage currently being used as a workshop and could potentially be rented to tenants for additional income. The interior units updates vary, from newer tile floor, refinished wood floors or wood laminate, all bathroom have been updated with tile and some newer vanities. The property offers a total of 3,588 rentable housing square feet and 798 Rentable Garage square feet. the rent includes water, sewer, and trash services. The property currently allows for 4 off-street parking spaces behind the garage and several street parking spaces, as it is a corner lot. *Unit 9340 – 1 bed 1 bath original cabinets, newer refinished wood floors, updated tile in bath. *Unit 9360 – 2 bed 1 bath Tile floors kitchen & bath, wood floors in bedrooms & living room.
*Unit 1685 – 1 bed 1 bath recently updated in 2024 with new cabinets and counters, all new paint, newer appliances, updated bath and vanity, tile flooring and new carpet. *Unit 1695 is 4/2 or two -2/1 unit which could make a great primary home with the other 3 units as rentals or 5 unit
This property offers easy access to public transportation. Conveniently located just minutes away from Central Park, Stapleton, Fitzsimons Medical Center, Lowry, Shops at Northfield. With its proximity to downtown Denver, accessible via East Colfax and Interstate 225, this property enjoys an ideal location with numerous retail and restaurant options nearby.
Basic Details
Residential Income
For Sale
3571455
$949,500
8
5
0
3,588 Sqft
1951
0.29 Acre
Active
Quadplex
Features
: Forced Air
: Finished, Walk-out Access, Exterior Entry
: Partial
: Front Porch, Covered
: Architecural Shingle
: Concrete, 220 Volts, Lighted, Insulated Garage
: Rain Gutters, Private Yard
: Wood, Carpet, Tile, Laminate, Vinyl
: Ceiling Fan(s), Laminate Counters
Appliances
: Refrigerator, Oven, Range
Address Map
US
CO
Adams
Aurora
80010
Chester
1685
Street
0
W105° 7' 15.8''
N39° 44' 36.8''
Neighborhood
Crawford
Aurora Central
North
Additional Information
$0
7.52
$0
2+ Common Walls
$0
: Brick, Frame
Northeast
Colfax to Chester then north to property corner of 17th and Chester
: 220 Volts
Adams-Arapahoe 28J
1
Exterior Access
4
$86,040
Adams-Arapahoe 28J
Yes
$0
303-652-7777
: Corner Lot
12700
$19,391
REcolorado
R0094921
4
24/07/2024 00:02:19
14
Updated/remodeled
Public Sewer
Quadruplex
$5,542
2023
$0
$0
1685 Chester Street, Aurora, Colorado 80010
: Electricity Connected, Phone Available, Natural Gas Connected, Cable Available
The data relating to real estate for sale on this website comes in part from the REColorado.
All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.