1644 Hanover Street Aurora, CO $ 1,400,000
1644 Hanover Street
$ 1,400,000
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1644 Hanover Street

Aurora, CO, 80010
$ 1,400,000
Baths0.0 Sq 5,472

Monthly Estimate*

$ 9,305

Listed by Pinnacle Real Estate Advisors
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Studio

Commercial Property for sale in Aurora, CO

for $1,400,000. This 5,472 square foot building was built in 1969 on a lot size of 0.15.

Explore a solid investment option with our remodeled 8-unit property, conveniently situated near the thriving Stanley Marketplace Redevelopment and the Fitsimmons Medical Campus. Each unit is individually metered, accommodating long-term tenants seeking reliability and affordability. With a focus on steady cash flow, this property presents a reliable opportunity for consistent returns. The remodeled common areas and off-street parking add practical value, offering a comfortable and convenient living experience for residents while ensuring ease of management for investors. Dropbox link for OM: https://www.dropbox.com/scl/fo/u4m55hb6surr0nl4sisj8/ACWKcTORkkO879komjTs8Fk?rlkey=1ca2xkhund0xe8p77d47ug0bd&st=sj201733&dl=0

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Commercial Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,305

Style

Lot Size

0.15

Year Built

1969

Town/City

Aurora

County/Region

Adams

MLS | Web ID

6863688

Features
General
Sewer Public Sewer
Roof Composition
Garage Spaces 0
Construction Materials Brick Frame
Exclusions Tenants personal property
Year Built 1969
Tenant Pays Electricity Gas
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Gross Income 131976
County Adams
Operating Expense 41828
Property Type Commercial Sale
Attached Garage N
Status Active
City Aurora
Buyer Agent Compensation 2
NumberOfUnitsTotal 8
Lot Size Units Square Feet
Lot Size Square Feet 6490
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 9305
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 6.44
Buyer Agent Compensation Type %
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Exterior
Total Parking 5
Lot Size Area 6490
Building Area Total 5472
Lot Size Acres 0.15
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Internal Only
Street Number 1 1644
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 887-4955

Phone

Affordability Calculator

$10,080
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,305
Monthly Property Taxes
$775
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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$1,400,000 Listed Price

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1644 Hanover Street, Aurora, CO, 80010 is a Commercial Property for sale at $1,400,000 with 5,472 sqft and a lot size of 0.15. 1644 Hanover Street is a studio with 0.0 baths and was built in 1969. The property's zip code is 80010 which is in Aurora, CO