11948 E 17th AVE new to site

Aurora,CO 80010

$ 2970000

- Bed

- Bath

12750 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,750 sqft

Price per Sqft $232

MLS Listing ID 6229251

HOA Y/N No

Year Built 1971

Annual Tax Amount $19,964

Tax Year 2024

Lot Size 0.307 Acres

Acres 0.31

Property Sub-Type Multi Family

Source recolorado

Property Description

11948 E 17th Avenue is a Value-Add, 18-unit multifamily building in North Aurora with significant upside. Ready to be leased or repositioned for increased NOI. Motivated Seller! Featuring 18 recently updated units, 5 three bedroom apartments, 12 two bedroom apartments, and one 1 bedroom apartment. Includes a laundry room with seller owned washer and dryers for additional income. Building is up to code to collect higher section 8 income. Great location on a Main Street for higher visibility that offers a steady flow of leads for new tenants. Located right across the street from the Anschutz University Medical Center Campus, which includes UCHealth University of Colorado Hospital, Children's Hospital and the new VA Hospital. 2 miles to Stanley Marketplace, the Lowry neighborhood, and the Central Park neighborhood of Denver.

Location

State CO

County Adams

Zoning MU-FB

Interior

Fireplace N

Exterior

Roof Type Wood

Total Parking Spaces 17

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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