Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
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$2,370,000

$2,395,000

1.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9,240 SqFt


SOLD DATE : 05/05/2023

Key Details

Sold Price $2,370,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,240 sqft

Price per Sqft $256

MLS Listing ID 5840347

Sold Date 05/05/23

HOA Y/N No

Year Built 1960

Annual Tax Amount $13,743

Tax Year 2021

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi-Family

Source recolorado

Property Description

The property offers a LOW 3.44% Freddie Mac loan locked in for the next 7 years! The loan on the property is assumable with a just 33% down payment. Interest only for the first year! $100k Price reduction with increase in rental income! 6% cap. Easy Value Add Opportunity. 12 Unit Multifamily building with a rare mix of 3-bedroom and 2-bedroom apartment units. All units have been renovated within the past 12 months to include new kitchen cabinets, new floorings, new paint, and new carpet. The monthly gross rent of $17K can be easily increased to $19K without much turnover. We have favorable financing/debt service options in the 4%-5% range still! Also, an assumable loan of 3.4% interest with a 35% down payment. Just 1 Mile to Anschutz Medical Campus and 1 Mile to the Lowry Neighborhood. Less Than 2 Miles to Stanley Marketplace and Central Park.

Location

State CO

County Adams

Interior

Fireplace N

Exterior

Total Parking Spaces 12

Garage No

Building

Sewer Public Sewer

Structure Type Brick, Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Keller Williams Realty Urban Elite
Bought with Keller Williams Realty Urban Elite

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Brett Kotal
Brett Kotal

Advisor | Lic# FA100084202

+1(303) 717-5633

8000 E. Belleview Ave # 200, Village, CO

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