1701 Clinton Street

Aurora, CO 80010
  • $375,000
  • STATUS: Active
  • ON SITE: 25 days
  • MLS #: 9829663
UPDATED: 61 min ago
$375,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,240
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Ecospace, Inc.

Description

Solid income property. 6.8% Cap. Single family home converted by the seller to 2 units: 3bd/1ba units (over/under). The seller added the downstairs kitchen and added an exterior entrance. There is a stairwell connecting the top and the bottom unit that can be opened back up to make the property a single family home again if desired.The property is zoned R3 and could be a legal duplex but currently, there is only one meter for electric and water. Additional taps and meters are required to add additional address and make a legal separate unit. Now it is set up as a Mother-in-law unit. Tenant upstairs pays $1550/month. Tenant is month to month and wishes to stay.The downstairs tenant was paying $1400/month but recently moved out. There is currently a short term renter in the bottom unit to provide flexibility for the buyer if they wish to occupy the lower unit. Landlord pays utilities (water and electric).3 blocks from Stanley Marketplace.



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

frontrange.8z.com/homes/75239533

1701 Clinton Street Aurora, CO 80010

  • Price: $375,000
  • Status: Active
  • Updated: 61 min ago
  • MLS #: 9829663
6
Beds
2
Baths
0
½ Baths
0.15
Acres
2,240
SQFT
$167
$/SQFT
1977
Built
Neighborhood:
North Aurora
County:
Adams
Area:
Aurora
Elementary School:
Crawford
Middle School:
AURORA WEST
High School:
Aurora Central
School District:
Adams-Arapahoe 28J
Property Description
Solid income property. 6.8% Cap. Single family home converted by the seller to 2 units: 3bd/1ba units (over/under). The seller added the downstairs kitchen and added an exterior entrance. There is a stairwell connecting the top and the bottom unit that can be opened back up to make the property a single family home again if desired.The property is zoned R3 and could be a legal duplex but currently, there is only one meter for electric and water. Additional taps and meters are required to add additional address and make a legal separate unit. Now it is set up as a Mother-in-law unit. Tenant upstairs pays $1550/month. Tenant is month to month and wishes to stay.The downstairs tenant was paying $1400/month but recently moved out. There is currently a short term renter in the bottom unit to provide flexibility for the buyer if they wish to occupy the lower unit. Landlord pays utilities (water and electric).3 blocks from Stanley Marketplace.
Exterior Features

Construction Materials Wood Siding Construction Methods Frame Distance To Bus 0.25 Distance To Light Rail 1.00 Exterior Features Fence Parking None (0 Spaces) Road Surface Paved Road Roof Composition Shingles Structural Style Multi-Story Style Characteristics Up/Down Unit Access Exterior Access

Interior Features

Basement Finished YN Yes Basement Percent Finished 100 Basement Size Full Basement Type Walk-Out Cooling Air Conditioning-Individual Heating Forced Air Heating Fuel Electric Kitchen Appliances Dishwasher Sq Ft Above 1120 Sq Ft Basement 1120 Sq Ft Finished 2240

Property Features

Additional Information Tenant Occupied Annual Expense Actual 8843 Annual Expense Proj 8843 Annual Income Actual 35400 Annual Income Proj 35400 Annual Net Income Actual 26557 Annual Net Income Proj 26557 Building Type Duplex (All Units) Capitalization Rate 6.80 Capitalization Rate Calculation (Noi $25495 / Price $375000) Has Hoa YN No Has Multiple Hoas YN No Is Incorporated YN Yes Listing Financing CashConventionalFhaVa Number Of Units Vacant 1 Owner Paid Utilities ElectricityWater Potential Rental Income Annual 35400 Real Estate Taxes 1370 Restrictions No Covenants Seller Type Individual Status Conditions None Known Tax Amount 1370.00 Tax Year 2016 Transaction Type For Sale Unit Count 2 Water Annual Expense 1392 Zoning R3



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2017 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

8z Real Estate
4041 Hanover, Suite 200
Boulder CO, 80305
Offered by Ecospace, Inc.