14240 E 22nd Place Aurora, CO $ 875,000
14240 E 22nd Place
$ 875,000
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14240 E 22nd Place

Aurora, CO, 80011
$ 875,000
Bedrooms7 Baths3.0 Sq 5,456

Monthly Estimate*

$ 5,816

Listed by Real Broker LLC
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Multi-Family Home for sale in Aurora, CO

for $875,000 with 7 bedrooms and 3 full baths. This 5,456 square foot home was built in 1979 on a lot size of 0.12.

Welcome to this fantastic investor opportunity in Aurora. This triplex offers an ideal investment scenario with significant potential for increased returns. Currently under market rents, there's ample opportunity to maximize profitability by adjusting rental rates to achieve a desirable 6% cap rate. Please see attached rentometer reports reflecting current market rents. Current lease terms: 14240: $1425 per month and leased until 7/31/24. 14244: $1200 per month and leased until 9/30/24. 14250: $1419 per month and leased until 9/30/24. Don't miss out on this exceptional opportunity to capitalize on a prime investment property. Whether you're a seasoned investor or venturing into real estate for the first time, this triplex offers a solid foundation for long-term financial success. Current tenants are reliable and pay on time. Property is currently professionally managed. No showings until an offer from a qualified buyer in hand.

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Multi-Family Pending

Price

$ 875,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,607

Style

Triplex

Lot Size

0.12

Year Built

1979

Town/City

Aurora

County/Region

Adams

MLS | Web ID

6318366

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Cable Available Electricity Available
Possession Negotiable
Roof Composition
Appliances Dishwasher Oven Range Refrigerator
Garage Spaces 3
Construction Materials Brick Frame
Exclusions Tenants Personal Property
Year Built 1979
Tenant Pays Cable TV Electricity Gas Internet Water
Levels One
Property SubType Triplex
Tax Year 2022
Percent Ownership Individual
Gross Income 48528
County Adams
Operating Expense 10139
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Contingency None Known
Subdivision Name Sable Village Filing 1
Status Pending
High School Hinkley
City Aurora
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District Adams-Arapahoe 28J
Lot Size Units Square Feet
Lot Size Square Feet 5400
Carport Spaces 0
Street Name 22nd
Listing Terms Cash Conventional
Elementary School Sable
Tax Annual Amount 4607
Middle/Junior High School North
Virtual Tour https://orchestratedlight.hd.pics/14240-E-22nd-Pl
Structure Type Triplex
Standard Status Pending
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J
Cap Rate 6
Buyer Agent Compensation Type %
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Interior
Basement Unfinished
Common Walls 2+ Common Walls
Basement (Y/N) Y
Above Grade Finished Area 2728
Street Suffix Place
Total Bedrooms 7
Below Grade Finished Area 0
Total Baths 3
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Exterior
Lot Features Cul-De-Sac
Water Source Public
Total Parking 3
Lot Size Area 5400
Building Area Total 5456
Lot Size Acres 0.12
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 14240
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* Excluded Features
List By
Real Broker Llc

Broker

(303) 859-5665

Phone

Affordability Calculator

$6,199
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,816
Monthly Property Taxes
$384
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043565 Elementary School
3043364 Middle School
Hinkley High School High School
Pricing History
DatePricePrice ChangeDescription
3/29/2024$875,000 Listed Price

Map


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14240 E 22nd Place, Aurora, CO, 80011 is a Multi-Family Home for sale at $875,000 with 5,456 sqft and a lot size of 0.12. 14240 E 22nd Place has 7 bedrooms, 3.0 baths, and was built in 1979. The property's zip code is 80011 which is in Aurora, CO