1021 Chambers Court Aurora, CO ^$ 850,000

1021 Chambers Court

^$ 850,000

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Recently Listed

1021 Chambers Court

Aurora, CO, 80011

^$ 850,000

Bedrooms12 Baths7.0 Sq 4,704

Monthly Estimate*

^$ 5,938

Listed by HomeSmart Realty

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Multi-Family Home for sale in Aurora, CO

for $850,000 with 12 bedrooms and 7 full baths. This 4,704 square foot home was built in 1972 on a lot size of 0.26.

Welcome to this fantastic investment opportunity located in the desirable neighborhood of Laredo Highline. This triplex offers a total of 4,704 square feet of living space on a spacious lot measuring 0.260 acres (11,326 sq ft). Situated in a cul-de-sac, this property PROVIDES PRIVACY from neighboring properties. The first unit is fully renovated and showcases NEW KITCHEN CABINETS, STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, and VINYL FLOORING. The property includes a PRIVATE BACK PATIO, DETATCHED SHED, and ample parking with a DEDICATED PARKING LOT in the rear, complemented by a COMMUNAL GRASS AREA. Tenants will appreciate the proximity to a bike path and the convenience of nearby amenities such as King Soopers, Starbucks, Vasa Fitness, and other amenities. Families will be drawn to the excellent local schools, including Altura Elementary School, East Middle School, and Hinkley High School. Additionally, the property is just MINUTES away from the Anschutz Medical Campus, I-225/I-70, and RTD LIGHT RAIL, offering EASY ACCESS to TRANSPORTATION. Also conveniently closed to DENVER INTERNATIONAL AIRPORT. With FULLY FINISHED BASEMENTS in each unit, there is room for additional living space or storage. Currently, the fully renovated unit is vacant and ready to be leased, presenting an opportunity for new ownership to potentially increase rental income. The current rents are $1,700 and $1,900, and there is POTENTIAL TO INCREASE rents further in line with market rates. Don’t miss out on this great investment opportunity in a prime location with strong rental demand. Schedule your showing today! ***Showing ONLY allow for Unit 1021. Please come to OPEN HOUSE on SUNDAY May 12 from 12:00 to 2:00 PM for Unit 1023 - 1025***

Multi-Family Active

Price

^$ 850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,277

Style

Traditional

Lot Size

0.26

Year Built

1972

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

2549525

Features

General

Interior Features Breakfast Nook Granite Counters Walk-In Closet(s)

Sewer Public Sewer

Heating Forced Air

Cooling Other

Utilities Cable Available Electricity Available

Possession Closing/DOD Immediate Negotiable

Roof Architecural Shingle

Appliances Dishwasher Disposal Gas Water Heater Oven Refrigerator

Exterior Features Dog Run Garden Playground Private Yard Rain Gutters

Garage Spaces 0

Patio/Porch Features Front Porch

Architectural Style Traditional

Security Features Carbon Monoxide Detector(s) Smoke Detector(s)

Construction Materials Brick Concrete Wood Siding

Exclusions Seller's Personal Items Tenant's Personal Items.

Year Built 1972

Electric 110V

Tenant Pays Electricity Internet

Levels Two

Property SubType Triplex

Tax Year 2022

Percent Ownership Individual

Gross Income 73200

County Arapahoe

Operating Expense 11000

Property Type Residential Income

HOA / Comm Assn N

Attached Garage N

Energy Efficient HVAC Insulation Lighting Water Heater

Subdivision Name La Vista Resub 2a

Facing Direction West

Status Active

Directions On E 6th Ave - Turn left onto Chembers Rd - Turn Right onto Chambers Ct - The destination is on your right.

High School Hinkley

City Aurora

Buyer Agent Compensation 2

Entry Location Exterior Access

Senior Community Y/N N

High School District Adams-Arapahoe 28J

Lot Size Square Feet 11326

Carport Spaces 0

Street Name Chambers

Listing Terms 1031 Exchange Cash Conventional Other VA Loan

Elementary School Laredo

Tax Annual Amount 3277

Home Warranty Y/N N

Middle/Junior High School East

Property Condition Fixer Updated/Remodeled

Structure Type Triplex

Standard Status Active

Occupancy Type Tenant

Middle/Junior School District Adams-Arapahoe 28J

Elementary School District Adams-Arapahoe 28J

Cap Rate 7.3

Buyer Agent Compensation Type %

Interior

Basement Finished Full

Flooring Carpet Vinyl Wood

Common Walls 2+ Common Walls

Basement (Y/N) Y

Above Grade Finished Area 3136

Street Suffix Court

Laundry Features In Basement In Unit

Total Bedrooms 12

Below Grade Finished Area 1568

Total Baths 7

Exterior

Fencing Full

Parking Features Concrete RV Garage

Lot Features Cul-De-Sac

Water Source Public

Total Parking 6

Lot Size Area 11326

Building Area Total 4704

Lot Size Acres 0.26

Lot Size Units Square Feet

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1021

* Excluded Features

List By

Homesmart Realty

Broker

(720) 238-2699

Phone

Affordability Calculator

$6,211

Per Month

Monthly Principal & Interest: $5,938
Monthly Property Taxes: $273
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Aurora, CO

Average List Price ^$782,900

Percent of Sale Price 8%

About Aurora, CO

372,405 Population

34% Since 2002

^$57,350 Median Income

36.32 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1022442 Elementary School

843536 Middle School

Hinkley High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$850,000		Listed Price

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1021 Chambers Court, Aurora, CO, 80011 is a Multi-Family Home for sale at $850,000 with 4,704 sqft and a lot size of 0.26. 1021 Chambers Court has 12 bedrooms, 7.0 baths, and was built in 1972. The property's zip code is 80011 which is in Aurora, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/19/2024.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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1021 Chambers Court

Multi-Family Home for sale in Aurora, CO

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