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.
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active
Year built
1976
Stories
1
Living area
6,500 sqft
Price / sqft
$246
MLS #
4360997
Interior
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Exterior & lot
Garage spaces
2
Schools
District
Adams-Arapahoe 28J
Elementary
Virginia Court
Middle
Aurora Hills
High
Gateway
Utilities
Water
Public
Sewer
Public Sewer
Financial
HOA
Yes
Annual tax
$10,800
Parcel
031213134
Special conditions
None Known
Location
Subdivision
Several
County
Arapahoe
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