1448 Iola Street Aurora, CO $ 533,334
1448 Iola Street
$ 533,334
New Construction
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1448 Iola Street

Aurora, CO, 80010
$ 533,334
Bedrooms4 Baths2.0 Sq 1,495

Monthly Estimate*

$ 3,545

Listed by Pinnacle Real Estate Advisors
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Multi-Family Home for sale in Aurora, CO

for $533,334 with 4 bedrooms and 2 full baths. This 1,495 square foot home was built in 1952 on a lot size of 0.26.

Offering Memorandum is at the following Dropbox link. https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0?rlkey=96u79hi1dx6uarrz28u2tw3id&st=wwt2nz60&dl=0 Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth.

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Multi-Family Active

Price

$ 533,334

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,073

Style

A-Frame

Lot Size

0.26

Year Built

1952

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

5416058

Features
General
Sewer Community Sewer
Heating Forced Air
Cooling Other
Utilities Cable Available Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected
Possession Closing/DOD
Roof Composition
Exterior Features Private Yard
Garage Spaces 0
Patio/Porch Features Patio
Architectural Style A-Frame
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1952
Tenant Pays Electricity Gas
Levels One
Property SubType Duplex
Tax Year 2022
Percent Ownership Individual
Gross Income 40735
County Arapahoe
Operating Expense 9695
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Delmar Parkway
Status Active
High School Aurora Central
City Aurora
Buyer Agent Compensation 2
Senior Community Y/N N
High School District Adams-Arapahoe 28J
Lot Size Units Square Feet
Lot Size Square Feet 11488
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional FHA Jumbo Other VA Loan
Elementary School Kenton
Tax Annual Amount 3073
Middle/Junior High School Aurora West
Property Condition New Construction
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J
Cap Rate 5.82
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt
Water Source Public
Total Parking 5
Lot Size Area 11488
Building Area Total 1495
Lot Size Acres 0.26
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Interior
Basement (Y/N) N
Above Grade Finished Area 1495
Total Bedrooms 4
Total Baths 2
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Internal Only
Street Number 1 1448
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 887-4955

Phone

Affordability Calculator

$3,801
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,545
Monthly Property Taxes
$256
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1108040 Elementary School
1570496 Middle School
Aurora Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$533,334 Listed Price

Map


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1448 Iola Street, Aurora, CO, 80010 is a Multi-Family Home for sale at $533,334 with 1,495 sqft and a lot size of 0.26. 1448 Iola Street has 4 bedrooms, 2.0 baths, and was built in 1952. The property's zip code is 80010 which is in Aurora, CO