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Patty Clark
Patty Clark

Metro Brokers
Morningside Homes, LLC

Denver, CO 80237

720-231-5200
Contact Me

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Listing 6 out of 1,617
Sold for $1,200,000 Sold

1393 Jamaica Street
Aurora, CO 80010

12 units |
6,777 sq ft;
lot: 10019 sq ft
Commercial: Commercial - MLS# 4929484
Property Photo
1/11

Sold

Sold for $1,200,000 on Oct 18, 2017

Description

This is one of the cleanest buildings with great income and low maintenance. The building is currently 100% leased so Don't miss out and you will start making money as soon as you close. All 12 units are one bedroom units and built with efficiency in mind to maximize usable living space. Give me a call today to set up a showing and learn more about this great investment opportunity.

Features

  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Sold
  • Listing Price: $1,300,000
  • County/Area: Arapahoe County
  • Zip Code: 80010
  • Year Built: 1962
  • Subdivision/Neighborhood: Aurora
  • School District: Adams-Arapahoe 28j
  • Sq.Ft.: 6,777 sq ft
  • Style: Multi-Level, Low Rise (1-3)
  • Units: 12 units
  • Bedrooms: 12
  • Basement: Full, Apartment
  • # of Parking Spaces: 19
  • Lot Size: 10019 sq ft
  • View: City View
  • Zoning: Apartments 9-20 Units
  • Accepting Backup Offers YN: Y
  • Additional Information: 1031 Exchange, Income Potential, Quick Possession, Tenant Occupied
  • Annual Expense Actual: 50000
  • Annual Expense Proj: 52000
  • Annual Income Actual: 126000
  • Annual Income Proj: 132510
  • Annual Net Income Actual: 76000
  • Annual Net Income Proj: 80510
  • Basement Finished YN: Y
  • Building Area Source: County Records
  • Building Name: Jamaica St. Apts
  • Building Type: Low Rise (All Units)
  • Construction Materials: Brick
  • Construction Methods: Concrete
  • Cooling: Air Conditioning-Individual
  • Heating: Baseboard
  • Heating Fuel: Gas
  • Insurance Expense: 5488
  • Interior Features: Eating Space/Kitchen, Pet Free, Remodeled, Security Entrance, Smoke Free, Updated
  • Kitchen Appliances: Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven
  • Laundry Availability: Shared Laundry In Building, Coin-Operated
  • Lot Size Sq Ft: 10106.00
  • Offsite Management Annual Expens: 10320
  • Other Expense: 10942
  • Other Income Annual: 3390
  • Parking Count: 1
  • Parking Features: Driveway-Asphalt
  • Per Unit Features: Assigned Parking
  • Potential Rental Income Annual: 129120
  • Real Estate Taxes: 5393
  • Road Surface: Paved Road
  • Roofing: Built-Up(Tar & Gravel)
  • Seller Type: Individual
  • Selling Agent: Ryan Specht
  • Selling Office: Resident Realty Colorado
  • Site Features: Corner Lot, Near Public Transit
  • Sq Ft Above: 4548
  • Sq Ft Basement: 2229
  • Sq Ft Finished: 6777
  • Sqft Total: 6777
  • Structural Style: Multi-Level
  • Style Characteristics: Low Rise (1-3)
  • Tax Amount: 5393.00
  • Tax Year: 2016
  • Total Offstreet Spaces: 19
  • Unit Count: 1
  • Utility Metering: Separate Electric, Common Gas, Common Water, Shared Boiler
  • Sold Price: 1200000.00
  • Sold Date: 2017-10-18 00:00:00
Courtesy of Resident Realty Colorado


Patty Clark | Broker/Owner | 720-231-5200 | Contact Me
8101 E. Belleview Ave #F - Denver, CO 80237
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