$620,000 Price Analysis    ♡   Aurora, CO 80010 4 bed 4 bath 1,584 SqFt ($391/SqFt) 6,350SqFt lot. Built 1940 Listed 2024-05-01, Taxes $2,753 | Ⓧ USDA Ineligible due to location near Aurora |
Welcome to 1594 Dallas Street
Where opportunity meets stability in the bustling city of Aurora, Colorado. This fourplex isnt a building; its a cornerstone of investment, boasting a desirable 5% cap rate that underscores its profitability and potential. Step through the doors of this turnkey property and discover a world where each unit reflects a cmmitment to quality and comfort. From updated kitchens to cozy, inviting living rooms, every detail has been considered to attract and retain tenants. The charm of this property isn't in its aesthetics but in its proven track record of long-term tenancies, ensuring a stable and reliable income stream.
Imagine owning a piece of real estate where the headaches of vacancies and major renovations are tales of the past. Here, the four units stand as a testament to wise management, with long-standing occupants who cherish their homes and contribute to a strong community vibe. Located conveniently close to essential amenitiesshops, schools and public transpor t1594 Dallas Street offers not ease of living for its residents but also peace of mind for its owner. Ample off-street parking and separate utilities per unit ensure that convenience is matched by practicality, making this property a standout in the market. This is more than an investment; it's a legacy in the making, ready for an astute investor to take the helm and steer towards continued success.
Presented by Robert Tait at
Engel & Volkers Denver.
Property MLS #3590574 from REcolorado
Full Bathrooms: 4
Dryer
Oven
Range Hood
Refrigerator
Washer
Heating Features: Forced Air
Lot Size Acres: 0.1457759
Lot Size Square Feet: 6350
Elementary School District: Adams-Arapahoe 28J
High School: Aurora Central
High School District: Adams-Arapahoe 28J
Middle School: Aurora West
Middle or Junior School District: Adams-Arapahoe 28J
Map directions Map directions Map directionsTenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water
Source Listing Status: Active
County: Adams
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: Tenants personal property
Source Neighborhood: Commerce City
Parcel Number: R0095103
Subdivision: Commerce City
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $16,380 + $7,850 $24,230 | $2,753 |
| 2021 | $17,230 + $8,260 $25,490 | $2,932 |
| 2020 | $21,770 + $8,260 $30,030 | $3,543 |
| 2019 | $21,770 + $8,260 $30,030 | $3,537 |
| 2018 | $11,740 + $6,480 $18,220 | $2,155 |
| 2017 | $11,740 + $6,480 $18,220 | $1,914 |
| 2016 | $10,670 + $3,100 $13,770 | $1,459 |
| 2015 | $10,670 + $3,100 $13,770 | $1,413 |
| 2014 | $7,260 + $2,510 $9,770 | $1,018 |
| 2013 | $7,260 + $2,510 $9,770 | $1,026 |
| 2011 | $6,770 + $2,390 $9,160 | $844 |
| 2010 | $6,770 + $2,390 $9,160 | $1,134 |
| 2009 | $9,350 + $2,990 $12,340 | $1,127 |
| 2007 | $9,440 + $3,820 $13,260 | $1,109 |
$620,000
REcolorado
Sold 2022-02-03
$560,000
Public Record
Listing removed 2022-02-02
$0
REcolorado
Listing removed 2022-02-02
$0
REcolorado
Listed 2022-01-06
$524,999
REcolorado
Listed 2022-01-06
$524,999
REcolorado
Sold 2005-05-10
$195,000
Public Record
Sold 2000-03-30
$170,000
Public Record
Sold 1999-12-28
$160,000
Public Record
Sold 1996-06-12
$55,000
Public Record
Sold 1989-05-02
$22,000
Public Record
Sold 1986-09-19
$52,000
Public Record
Operating Expense Includes: Insurance, Professional Management, Real Estate Tax
Year Built: 1940
Above Grade Finished Area: 1584
Common Walls: No One Above, No One Below, 1 Common Wall
Construction Materials: Stucco
Foundation Details: Slab
Levels: One
Property Age: 84
Roof: Architectural Shingles
Structure Type: Quadruplex
Sewer: Public Sewer
Cable Available
Electricity Connected
Natural Gas Connected
Phone Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.