1685 Chester Street Aurora, CO ^$ 949,500

1685 Chester Street

^$ 949,500

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1685 Chester Street

Aurora, CO, 80010

^$ 949,500

Bedrooms8 Baths5.0 Sq 3,588

Monthly Estimate*

^$ 6,311

Listed by A PERFECT LOCATION REALTY

1685 Chester Street, Aurora, CO 80010 - Image 1

1685 Chester Street, Aurora, CO 80010 - Image 2

1685 Chester Street, Aurora, CO 80010 - Image 3

1685 Chester Street, Aurora, CO 80010 - Image 4

1685 Chester Street, Aurora, CO 80010 - Image 5

1685 Chester Street, Aurora, CO 80010 - Image 6

Multi-Family Home for sale in Aurora, CO

for $949,500 with 8 bedrooms and 5 full baths. This 3,588 square foot home was built in 1951 on a lot size of 0.29.

Proforma CAP Rate 7.6% Attention Investors and Owner Occupants **This property eligible for VA and FHA financing***– 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 both apartment 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 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, granite counters, all new paint, newer appliances, updated bath and vanity, tile flooring and new carpet. *Unit 1695 – 4 bed 2 bath end unit with basement which could make a great primary home with the other 3 units as rental income 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.

Multi-Family Active

Price

^$ 949,500

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,542

Style

Bungalow

Lot Size

0.29

Year Built

1951

Town/City

Aurora

County/Region

Adams

MLS | Web ID

3571455

Features

General

Interior Features Ceiling Fan(s) Laminate Counters

Sewer Public Sewer

Heating Forced Air

Cooling None

Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available

Possession Closing/DOD See Remarks Subject To Tenant Rights

Roof Architecural Shingle

Appliances Oven Range Refrigerator

Exterior Features Private Yard Rain Gutters

Zoning OA-RMU

Garage Spaces 4

Patio/Porch Features Covered Front Porch

Architectural Style Bungalow

Construction Materials Brick Frame

Exclusions Personal Property in the garage and sheds Tenants personal property

Year Built 1951

Electric 220 Volts

Tenant Pays Electricity Gas

Levels One

Property SubType Quadplex

Tax Year 2023

Current Use Live/Work

Percent Ownership Individual

Gross Income 80340

County Adams

Operating Expense 19391

Property Type Residential Income

HOA / Comm Assn N

Attached Garage N

Subdivision Name Aurora

Facing Direction Northeast

Status Active

Directions Colfax to Chester then north to property corner of 17th and Chester

High School Aurora Central

City Aurora

Buyer Agent Compensation 2.5

Entry Location Exterior Access

Senior Community Y/N N

High School District Adams-Arapahoe 28J

Lot Size Units Square Feet

Lot Size Square Feet 12700

Carport Spaces 0

Listing Terms Cash Conventional FHA VA Loan

Elementary School Crawford

Tax Annual Amount 5542

Middle/Junior High School North

Property Condition Updated/Remodeled

Structure Type Quadruplex

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District Adams-Arapahoe 28J

Elementary School District Adams-Arapahoe 28J

Cap Rate 7.52

Buyer Agent Compensation Type %

Interior

Basement Exterior Entry Finished Walk-Out Access

Flooring Carpet Laminate Tile Vinyl Wood

Common Walls 2+ Common Walls

Basement (Y/N) Y

Above Grade Finished Area 2806

Laundry Features None

Total Bedrooms 8

Below Grade Finished Area 782

Entry Level 1

Total Baths 5

Exterior

Fencing Partial

Parking Features 220 Volts Concrete Insulated Garage Lighted

Lot Features Corner Lot

Water Source Public

Total Parking 4

Lot Size Area 12700

Foundation Details Concrete Perimeter Slab

Building Area Total 3588

Lot Size Acres 0.29

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1685

* Excluded Features

List By

A Perfect Location Realty

Broker

(303) 503-9823

Phone

Affordability Calculator

$6,773

Per Month

Monthly Principal & Interest: $6,311
Monthly Property Taxes: $462
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Aurora, CO

Average List Price ^$827,056

Percent of Sale Price 13%

About Aurora, CO

1,835 Population

1,076% Since 2002

^$55,848 Median Income

32.42 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

875056 Elementary School

3043364 Middle School

Aurora Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$949,500		Listed Price

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1685 Chester Street, Aurora, CO, 80010 is a Multi-Family Home for sale at $949,500 with 3,588 sqft and a lot size of 0.29. 1685 Chester Street has 8 bedrooms, 5.0 baths, and was built in 1951. The property's zip code is 80010 which is in Aurora, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/21/2024.

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1685 Chester Street

Multi-Family Home for sale in Aurora, CO

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