Property Details

Proforma CAP Rate 7.6% Attention Investors and Owner Occupants This property eligible for VA and FHA financing Fabulous Ranch Quadplex is perfect option if you are looking 4 bedroom home with additional 3 unit for income or a low maintenance four unit investment and room for additional income from garage/work shop. Updates to the building include Pristine Roof and gutters on both apartment and garage in 2023, New storage shed and some new cement 2023, newer vinyl windows throughout complex, newer electrical panel to the the garage with 220 and on a separate utility meter. Garage currently being used as a workshop and could potentially be rented for additional income. The interior units updates vary, from newer tile floor, refinished wood floors or wood laminate, all bathroom have been updated with tile and some newer vanities.

The property offers a total of 3, 588 rentable housing square feet and 798 Rentable Garage square feet. the rent includes water, sewer and trash services. The property currently allows for 4 off-street parking spaces behind the garage and several street parking spaces, as it is a corner lot. Unit 9340 - 1 bed 1 bath original cabinets, newer refinished wood floors, updated tile in bath. Unit 9360 - 2 bed 1 bath Tile floors kitchen and bath, wood floors in bedrooms and living room. Unit 1685 1 bed 1 bath recently updated in 2024 with new cabinets, granite counters, all new paint, newer appliances, updated bath and vanity, tile flooring and new carpet. Unit 1695 can be 4/2 or two -2/1 unit which could make a fantastic primary home with the ther 3 units as rentals or 5 Units This property offers easy access to public transportation. Conveniently located minutes away from Central Park, Stapleton, Fitzsimons Medical Center, Lowry, Shops at Northfield. With its proximity to downtown Denver, accessible via East Colfax and Interstate 225, this property enjoys an ideal location with numerous retail and restaurant options nearby.

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on 1685 Chester St
in Aurora, CO
Presented by Kristen M. Miller at
A Perfect Location Realty.


Property MLS #3571455 from REcolorado

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

+ Interior Features

Ceiling Fan(s)
Laminate Counters
Flooring: Carpet, Laminate, Tile, Vinyl, Wood

+ Appliances

Oven
Range
Refrigerator

+ Heating and Cooling

Heating Features: Forced Air

+ Other Rooms

Basement Description: Exterior Entry, Finished, Walk-Out Access

+ Exterior and Lot Features

Private Yard
Rain Gutters
Fencing: Partial
Patio And Porch Features: Covered, Front Porch
Road Responsibility: Public Maintained Road

+ Land Info

Lot Description: Corner Lot
Lot Size Acres: 0.29
Lot Size Square Feet: 12700

+ Garage and Parking

Garage Spaces: 4
Parking Features: 220 Volts, Concrete, Insulated, Lighted
Parking Total: 4

+ School Information

Elementary School: Crawford
Elementary School District: Adams-Arapahoe 28J
High School: Aurora Central
High School District: Adams-Arapahoe 28J
Middle School: North
Middle or Junior School District: Adams-Arapahoe 28J
+ Display Complete School Details

Crawford Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions

Aurora West College Preparatory Academy is a public middle and high school located approximately 0.7 miles away.
Map directions

The Logan School for Creative Learning is a private elementary, middle and high school located approximately 1 miles away.
Map directions

+ Rental Info

Gross Income: 80340.00
Tenant Pays: Electricity, Gas

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 5542.00
Source Listing Status: Active
County: Adams
Current Use: Live/Work
Directions: Colfax to Chester then north to property corner of 17th and Chester
Tax Year: 2023
Distance To Bus: 3
Distance To Bus Units: Blocks
Source Property Type: Residential Income
Exclusions: Personal Property in the garage and sheds, Tenants personal property
Source Neighborhood: Aurora
Owner Pays: Electricity, Insurance, Taxes, Trash Collection, Water
Parcel Number: R0094921
Subdivision: Aurora
Zoning: OA-RMU
Property Subtype: Quadplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$40580 + $5180 $45760	$5199
2021	$42670 + $5450 $48120	$5536
2020	$34010 + $5450 $39460	$4656
2019	$34010 + $5450 $39460	$4648
2018	$22520 + $5490 $28010	$3313
2017	$22520 + $5490 $28010	$2943
2016	$16650 + $6070 $22720	$2407
2015	$16650 + $6070 $22720	$2332
2014	$19870 + $6070 $25940	$2704
2013	$19870 + $6070 $25940	$2726
2011	$19870 + $6070 $25940	$2392
2010	$19870 + $6070 $25940	$2385
2009	$19870 + $6070 $25940	$2369
2007	$19870 + $6070 $25940	$2171

+ Reveal Property Sale History

Listed 2024-05-21
$949500
REcolorado

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Sold 1997-06-06
$158000
Public Record

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Sold 1996-06-21
$120000
Public Record

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Sold 1996-02-27
$69900
Public Record

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Sold 1990-01-04
$24300
Public Record

+ Commercial Info

Operating Expense: 19391.00
Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities

+ Building and Construction

Total Square Feet Living: 3588
Year Built: 1951
Above Grade Finished Area: 2806
BelowGradeFinishedArea: 782
Common Walls: 2+ Common Walls
Construction Materials: Brick, Frame
Direction Faces: Northeast
Entry Level: 1
Entry Location: Exterior Access
Foundation Details: Concrete Perimeter, Slab
Levels: One
Property Age: 73
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Architectural Shingles
Structure Type: Quadruplex
Architectural Style: Bungalow

+ Utilities

Electric: 220 Volts
Sewer: Public Sewer
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Water Source: Public