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$ 1,600,000
Est. payment /mo
New
12638 E Kansas PL Aurora, CO 80012
18 Beds
12 Baths
6,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $246
Subdivision Several
MLS Listing ID 4360997
Bedrooms 18
HOA Fees $2,775/mo
HOA Y/N Yes
Year Built 1976
Property Sub-Type Quadruplex
Property Description
6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire—or simply continue holding for yield. The opportunity is simple: cash flow now, then fix & flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.
Location
State CO
County Arapahoe
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Waterfront Description Public
Roof Type Unknown
Private Pool No
Building
Story One
Sewer Public Sewer
Water Public
Schools
School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J
Others
Senior Community No
Tax ID 031213134
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byLoKation