1161 Dayton Street

Calling all investors! Whether you’re a first-time buyer looking for an owner-occupant property or a seasoned investor ready to add four doors to your portfolio, this Aurora quadplex is a must-see. It offers four units: three spacious 2-bedroom, 1-bath residences and one 1-bedroom, 1-bath unit. With strong cash flow offering a current cap rate of 5.5% and a projected cap rate of 7.6% at turnover, this property checks all the boxes. Two units are currently occupied by reliable tenants. One 2-bedroom unit was just vacated, freshly painted, and move-in ready. The 1-bedroom unit will also be available in the coming months, providing the perfect balance of immediate income and value-add potential. Other highlights include four reserved alley-loaded parking spaces. The property is centrally located within walking distance of The Parks at Del Mar Circle, City Park of Aurora, and a wide variety of shopping and dining along East Colfax. Opportunities like this don’t last. Schedule your showing today to see the exterior and the vacant unit!

Listing Office: Grant Real Estate Company