1448 Iola Street, Aurora

$533,334

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

Offering Memorandum is at the following 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® #5416058
Price$533,334
Bedrooms4
Bathrooms2.00
Square Footage1,495
Acres0.26
Year Built1952
TypeResidential Income
Sub-TypeDuplex
StyleA-Frame
StatusActive
Community Information
Address1448 Iola Street
SubdivisionDelmar Parkway
CityAurora
CountyArapahoe
StateCO
Zip Code80010
Utilities

Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Interior
HeatingForced Air
CoolingOther
StoriesOne
Exterior
Exterior FeaturesPrivate Yard
RoofComposition
School Information
DistrictAdams-Arapahoe 28J
ElementaryKenton
MiddleAurora West
HighAurora Central
Additional Information
Date ListedMay 17th, 2024
Parking Spaces5
ParkingAsphalt
Listing Details
OfficePinnacle Real Estate Advisors
LISTING MAP

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