1940 Del Mar Parkway

    Aurora, CO 80010
    • $395,000
    • STATUS: Sold
    • ON SITE: 136 days
    • ID#: 5439835
    Sold - 10/30/2019
    $395,000
    SOLD - 10/30/2019
    • 4
      BEDS
    • 0.16
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,584
      SQFT
    • $249
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by A Perfect Location Realty.

    Description

    UPDATE:as of 10/1/2019 Work on both units is almost complete... the discount for coming in and fixing up is no longer needed, Seller has updated unit 1940 with new wood laminate flooring, new paint, new counter, some newer appliance, brand new bathroom remodel. Both units will have new carpet in bedrooms soon. 1942 has newer wood laminate flooring, bathroom is being updated and expect to be complete by end of the week. Great investment opportunity or Ready to be an investor Live in one and rent other. This property feature a brick exterior for low maintenance. Both unit have several large items updated; in both units New furnaces, water heaters, electrical, with newer windows, newer cabinets and counters. Building has newer exterior paint, gutters, soffet and fascia in 2018. Located near Stapleton and Anschutz Medical Campus only a few minutes away. Both units have similar floor plans. Proforma is based on 6% cap rate. Both units should rent at about $1400 per month.

    Monthly Payment Calculator



    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 The Healey Group - KW Preferred Realty 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.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.healeygroup.com/homes/97339636

    1940 Del Mar Parkway Aurora, CO 80010

    • Price: $399,000
    • Status: Sold
    • ID#: 5439835
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,584
    SQFT
    $249
    $/SQFT
    1955
    Built
    Neighborhood:
    Aurora
    County:
    Adams
    Area:
    Aurora
    Elementary School:
    Fletcher
    Middle School:
    AURORA WEST
    High School:
    Aurora Central
    School District:
    Adams-Arapahoe 28J
    Property Description
    UPDATE:as of 10/1/2019 Work on both units is almost complete... the discount for coming in and fixing up is no longer needed, Seller has updated unit 1940 with new wood laminate flooring, new paint, new counter, some newer appliance, brand new bathroom remodel. Both units will have new carpet in bedrooms soon. 1942 has newer wood laminate flooring, bathroom is being updated and expect to be complete by end of the week. Great investment opportunity or Ready to be an investor Live in one and rent other. This property feature a brick exterior for low maintenance. Both unit have several large items updated; in both units New furnaces, water heaters, electrical, with newer windows, newer cabinets and counters. Building has newer exterior paint, gutters, soffet and fascia in 2018. Located near Stapleton and Anschutz Medical Campus only a few minutes away. Both units have similar floor plans. Proforma is based on 6% cap rate. Both units should rent at about $1400 per month.
    Exterior Features

    Architectural Style Bungalow Construction Materials Brick Construction Methods BrickFrame Exterior Features Fence Parking Off-Street (4 Spaces) Parking Total Searchable 4 Road Surface Paved Road Roof Composition Shingles Structural Style Ranch/1 Story Style Characteristics Side-By-Side Unit Access Exterior Access

    Interior Features

    Basement Floor Type Crawl Space Basement Size None Cooling None Flooring CarpetLaminateTile Floor Heating Forced Air Heating Fuel Gas Interior Features Double Pane Windows Kitchen Appliances DishwasherDisposalRefrigerator (Kitchen)Stove/Range/Oven Laundry Availability W/D Hookups in Unit Laundry Location Ground Sq Ft Above 1584 Sq Ft Finished 1584

    Property Features

    Additional Information 1031 ExchangeTenant Occupied Annual Expense Actual 4049 Annual Expense Proj 4049 Annual Income Actual 24600 Annual Income Proj 33600 Annual Net Income Actual 20551 Annual Net Income Proj 29551 Building Area Source County Records Building Type Duplex (All Units) Capitalization Rate 6.00 Capitalization Rate Calculation Based On Proforma Contingent Approval Conditions None Known Has Hoa YN No Is Incorporated YN Yes Listing Financing CashConventionalFhaVa Number Of Units Vacant 2 Owner Paid Utilities TrashWater Potential Rental Income Annual 33600 Real Estate Taxes 2331 Reports Available Leases Seller Type Corporation/Trust Status Conditions None Known Tax Amount 2331.00 Tax Year 2018 Transaction Type For Sale Unit Count 2 Water Annual Expense 2100 Zoning R2

    Listing courtesy of A Perfect Location Realty: MLS #5439835


    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 The Healey Group - KW Preferred Realty 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.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The Healey Group - KW Preferred Realty
    11859 Pecos Street Suite 200
    Denver CO, 80234
    Offered by A Perfect Location Realty.