Calling all investors! Whether you're a first-time buyer looking for an owner-occupant property or a seasoned investor ready to add four doors to your portfolio, this Aurora quadplex is a must-see. It offers four units: three spacious 2-bedroom, 1-bath residences and one 1-bedroom, 1-bath unit. With strong cash flow offering a current cap rate of 5.5% and a projected cap rate of 7.6% at turnover, this property checks all the boxes. Two units are currently occupied by reliable tenants. One 2-bedroom unit was just vacated, freshly painted, and move-in ready. The 1-bedroom unit will also be available in the coming months, providing the perfect balance of immediate income and value-add potential. Other highlights include four reserved alley-loaded parking spaces. The property is centrally located within walking distance of The Parks at Del Mar Circle, City Park of Aurora, and a wide variety of shopping and dining along East Colfax. Opportunities like this don't last. Schedule your showing today to see the exterior and the vacant unit!
Offered By
Tanner Schuetz tanner.schuetz@grantrealestate.net,941-224-1622, Grant Real Estate Company