832 Elmira Street, Aurora, CO, 80010
About This Home
*NON-CONFORMING DUPLEX, buyer to do own due diligence. But great purchase for a seasoned investor looking for a TRUE 7.1 CAP RATE in the path of development. SFR turned into duplex with $3520 in current rents. Just received an FHA appraisal at $455,000 with 2nd full kitchen in basement as approved use. Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November. Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026. Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Finished area below ground: 789
- Finished area above ground: 829
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 1,619
- Total interior livable area: 1,619 sqft
Property
Details
- Parcel number: 031105498
- Special condition: Standard
- Exclusions: Tenants Personal Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Front Porch,Patio
- Exterior features: Private Yard
Parking
- Total spaces: 6