12638 E Kansas Pl, Aurora, CO 80012

$1,600,000
18
BD
12
BA
6,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of LoKation . Matt@DenverRealtyGuru.com,720-266-8040

List Price
$1,600,000
Status
ACTIVE
Days on Market
1
MLS#
4360997
Subtype
Residential Income
Year Built
1976
Bedrooms
18
Bathrooms
12
Living Area
6,500
Subdivision
Several

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.

Additional Information

Taxes
$10,800
HOA Fee
$2,775
Heating
Forced Air
Air Conditioning
Central Air
Levels
One
Roof
Unknown
Garage Spaces
2
School District
Adams-Arapahoe 28J
Elementary School
Virginia Court
Middle School
Aurora Hills
High School
Gateway

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions