1350 Kingston Street, Aurora

$1,525,000

0 Beds
0 Baths
8,236 Sqft
.29 Acres
0 Garages

This is a rare opportunity to invest in a fully occupied and well-maintained multifamily property in Aurora, Colorado. The 2-story building contains 10 units with a diverse mix of floor plans including 1-studio, 1-1BR, 1-3BR, and 7-2BR apartments. The total square footage of the building is 8,236 SF. Each unit has its own furnace and individually metered through Xcel for Gas & Electric, providing individual control over heating and energy costs. The owner covers all other utilities and bills on a pass-through pro-rata basis, ensuring that all expenses are fairly allocated. Some renovations have taken place including updated kitchens and bathrooms in about half of the units, high-quality flooring, and an on-site coin-operated laundry room. Additionally, the building has a brand new roof with a transferable warranty, providing added value and peace of mind to the new owner. This property is located in a desirable up & coming area close to Fitzsimmons Medical Campus and amenities on Colfax. Aurora is a growing and vibrant city with easy access to public transportation, major highways, and downtown Denver. Investment Highlights: • Strong and stable rental history • Diverse unit mix appeals to a wide range of tenants • Excellent location with high demand for rental housing • On-site parking available • Opportunity for additional value-add improvements This is an outstanding opportunity for an investor to acquire a well-maintained and fully occupied multifamily property in Aurora, Colorado. With individual metering and control over heating and energy costs, this property offers a unique advantage over similar properties. Don't miss your chance to add this property to your investment portfolio. For more information on this property or to schedule a tour, please contact us today.

Essential Information
MLS® #5470650
Price$1,525,000
Bathrooms0.00
Square Footage8,236
Acres0.29
Year Built1949
TypeCommercial Sale
Sub-TypeMulti-Family
StatusActive
Community Information
Address1350 Kingston Street
CityAurora
CountyArapahoe
StateCO
Zip Code80010
Amenities
FeaturesCoin Laundry
Utilities

Cable Available, Electricity Connected

Exterior
Lot DescriptionNear Public Transit
RoofComposition
Additional Information
Date ListedDecember 18th, 2023
ZoningOA-RMU
Parking Spaces10
Listing Details
OfficeBANYAN REAL ESTATE LLC
LISTING MAP

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