1456 Iola Street, Aurora

$533,334

4 Beds
2 Baths
1,495 Sqft
.26 Acres
0 Garages

Please see the Offering Memorandum Dropbox Link: https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0?rlkey=96u79hi1dx6uarrz28u2tw3id&st=wwt2nz60&dl=0

Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth.

Essential Information
MLS® #3716429
Price$533,334
Bedrooms4
Bathrooms2.00
Square Footage1,495
Acres0.26
Year Built1952
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address1456 Iola Street
SubdivisionDelmar Parkway
CityAurora
CountyArapahoe
StateCO
Zip Code80010
Interior
HeatingForced Air
CoolingOther
StoriesOne
Exterior
RoofComposition
School Information
DistrictAdams-Arapahoe 28J
ElementaryKenton
MiddleAurora West
HighAurora Central
Additional Information
Date ListedMay 17th, 2024
Parking Spaces5
Listing Details
OfficePinnacle Real Estate Advisors
LISTING MAP

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