1350 Kingston Street, Aurora, CO

$1,525,000

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8,236

Square feet

0.29

Acres

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About 1350 Kingston Street

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.

Features of 1350 Kingston Street

MLS® # 5470650
Price $1,525,000
Bathrooms 0.00
Square Footage 8,236
Acres 0.29
Year Built 1949
Type Commercial Sale
Sub-Type Multi-Family
Status Active
Features Coin Laundry

Community Information

Address 1350 Kingston Street
City Aurora
County Arapahoe
State CO
Zip Code 80010

Amenities

Utilities Cable Available, Electricity Connected
Features Coin Laundry
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Near Public Transit
Roof Composition

Additional Information

Date Listed December 18th, 2023
Zoning OA-RMU
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBANYAN REAL ESTATE LLC
Contact InfoJon@BanyanRealEstate.com,303-520-4034

Listing Map

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