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1350 Kingston Street, Aurora, CO – $1,525,000

  • $1.5M Price
  • 8,236 Sqft
  • .29 Acres
  • $1.5M Price
  • 8,236 Sqft
  • .29 Acres

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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.

Listing Office: BANYAN REAL ESTATE LLC

Essential Information

  • MLS® #5470650
  • Price$1,525,000
  • Bathrooms0.00
  • Square Footage8,236
  • Acres0.29
  • Year Built1949
  • TypeCommercial Sale
  • Sub-TypeMulti-Family
  • StatusActive
  • FeaturesCoin Laundry

Community Information

  • Address1350 Kingston Street
  • CityAurora
  • CountyArapahoe
  • StateCO
  • Zip Code80010

Amenities

  • Parking Spaces10

Utilities

Cable Available, Electricity Connected

Exterior

  • Lot DescriptionNear Public Transit
  • RoofComposition

Additional Information

  • Date ListedDecember 18th, 2023
  • ZoningOA-RMU

Listing Details

  • BANYAN REAL ESTATE LLC

Office Contact

Jon@BanyanRealEstate.com,303-520-4034

Please provide a valid email address.

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Listing information last updated on May 8th, 2024 at 8:34am MDT.