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Tucker Scoma

tucker.scoma@exprealty.com +1(970) 342-4774

$ 674,900

Est. payment | -/mo

7 Beds

3 Baths

3,024 SqFt

Save

$ 674,900

Est. payment | -/mo

Save

7 Beds

3 Baths

3,024 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,024 sqft

Subdivision Aurora

MLS Listing ID IRE6840404

Bedrooms 7

HOA Y/N No

Year Built 1955

Annual Tax Amount $4,238

Tax Year 2025

Source ires

Property Description

Exceptional investment opportunity in a high-demand Aurora location! This versatile income-producing property offers 3,024 sq ft with stable cash flow and immediate value-add potential. The building features long-term, reliable tenants who have occupied the property for 5+ years. With rents currently below market value, there is substantial upside potential to adjust rates to market levels and significantly boost your cap rate and overall return on investment. A standout feature of this property is the expansive basement with two separate entryways, allowing you to convert it into two fully separate, independent units for additional rental streams. Units are separately metered for gas and electric. Ideally situated near public transit, major thoroughfares, and central Aurora corridors. Whether you are looking to hold for long-term cash flow or execute a value-add strategy, 1612 Alton St delivers unmatched potential. Showings by appointment only-do not disturb tenants. Property being sold as-is. Sellers are aware of the siding condition, which reflects the property's current price. Sellers have a quote for siding repairs upon request. The home does need some TLC

Location

State CO

County Adams

Community Aurora

Area Metro Denver

Direction Please use maps app.

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Microwave, Disposal

Exterior

Parking Features Off Street

Garage Spaces 4.0

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Cul-De-Sac

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Crawford

Middle Schools Aurora West

High Schools Adams-Arapahoe 28J

School District Adams-Arapahoe 28J

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Vinh Lam

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 342-4774

tucker.scoma@exprealty.com

1612 Alton Aurora, CO 80010