8960 E 12th Avenue Aurora, CO $ 610,000
8960 E 12th Avenue
$ 610,000
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8960 E 12th Avenue

Aurora, CO, 80010
$ 610,000
Bedrooms5 Baths4.0 Sq 2,130

Monthly Estimate*

$ 4,054

Listed by MODestate
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Multi-Family Home for sale in Aurora, CO

for $610,000 with 5 bedrooms and 4 full baths. This 2,130 square foot home was built in 1955 on a lot size of 0.15.

Investor's Dream in Denver Metro! Rare opportunity to own a cash-flowing 4plex well under $700k, comprising of three 1-bed, 1-bath units and one 2-bed, 1-bath unit. Currently below market rents that exceed $1250/month for 1-bedroom and $1600/month for 2-bedroom units. Conveniently located with strong rental demand, this property offers steady income potential. Purchase individually or as part of a portfolio of three consecutive 4plexes: 1183 Akron St, 1193 Akron St, and 8960 E 12th Ave. Property is priced under market value due to sub-market rents, will need to act fast to capitalize on serious value-add potential!

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Multi-Family Contingent

Price

$ 610,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,277

Style

Contemporary

Lot Size

0.15

Year Built

1955

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

5630797

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Composition
Garage Spaces 0
Architectural Style Contemporary
Construction Materials Frame
Exclusions Tenants' Personal Property
Year Built 1955
Tenant Pays Electricity Gas Internet
Levels One
Property SubType Quadplex
Tax Year 2022
Percent Ownership Agent Owner
Gross Income 43200
County Arapahoe
Operating Expense 8640
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Contingency None Known
Subdivision Name Northwestern Aurora
Facing Direction East
Status Pending
Directions Please use gps
High School Aurora Central
City Aurora
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District Adams-Arapahoe 28J
Lot Size Units Acres
Lot Size Square Feet 6534
Carport Spaces 0
Street Name 12th
Listing Terms Cash Conventional
Elementary School Kenton
Tax Annual Amount 3277
Middle/Junior High School North
Structure Type Quadruplex
Standard Status Active Under Contract
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J
Cap Rate 8.6
Buyer Agent Compensation Type %
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Exterior
Fencing Partial
Water Source Public
Total Parking 4
Lot Size Area 0.15
Building Area Total 2130
Lot Size Acres 0.15
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Above Grade Finished Area 2130
Street Suffix Avenue
Total Bedrooms 5
Total Baths 4
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Internal Only
Street Number 1 8960
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* Excluded Features
List By
Modestate

Broker

(303) 250-5090

Phone

Affordability Calculator

$4,327
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,054
Monthly Property Taxes
$273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1108040 Elementary School
3043364 Middle School
Aurora Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$610,000 Listed Price

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8960 E 12th Avenue, Aurora, CO, 80010 is a Multi-Family Home for sale at $610,000 with 2,130 sqft and a lot size of 0.15. 8960 E 12th Avenue has 5 bedrooms, 4.0 baths, and was built in 1955. The property's zip code is 80010 which is in Aurora, CO