For Sale Multi-Family MLS# 6840404

1612 Alton Street

Aurora, CO 80010

$674,900

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About 1612 Alton Street

Exceptional investment opportunity in a high-demand Aurora location! This versatile income-producing property offers 3,024 sq ft with stable cash flow and immediate value-add potential. The building features long-term, reliable tenants who have occupied the property for 5+ years. With rents currently below market value, there is substantial upside potential to adjust rates to market levels and significantly boost your cap rate and overall return on investment. A standout feature of this property is the expansive basement with two separate entryways, allowing you to convert it into two fully separate, independent units for additional rental streams. Units are separately metered for gas and electric. Ideally situated near public transit, major thoroughfares, and central Aurora corridors. Whether you are looking to hold for long-term cash flow or execute a value-add strategy, 1612 Alton St delivers unmatched potential.

Property details

Property

Type
Triplex
MLS type
Residential Income
Status
Active
Year built
1955
Stories
1
Living area
3,024 sqft
Price / sqft
$223
Lot
0.15 AC / 6,350 SF
MLS #
6840404

Interior

Features
Finished
Appliances
Dishwasher, Disposal, Microwave, Oven, Refrigerator
Heating
Forced Air
Cooling
Central Air

Exterior & lot

Roof
Composition
Lot
Cul-De-Sac, Near Public Transit

Schools

District
Adams-Arapahoe 28J
Elementary
Crawford
Middle
Aurora West
High
Aurora Central

Utilities

Water
Public
Sewer
Public Sewer

Financial

Annual tax
$4,238
Parcel
R0094943
Special conditions
None Known

Location

Subdivision
Aurora
County
Adams
Directions
Please use maps app.

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Listed by Vinh Lam, Coldwell Banker Realty 18

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