80010 Homes with Multi Family Subtype

80010 Homes with Multi Family Subtype

Welcome to the vibrant community of Aurora, Colorado, where the zip code 80010 serves as a gateway to a blend of urban convenience and suburban charm. Nestled just east of Denver, this area boasts a rich tapestry of cultural diversity, making it an ideal location for families, professionals, and investors alike.

One of the standout features of 80010 is its array of multi-family homes, which cater to a variety of living arrangements. Whether you’re looking for a cozy duplex, a spacious triplex, or a well-appointed fourplex, this zip code offers multiple options that can suit different lifestyles and budgets. These multi-family homes provide not just a place to live, but also an opportunity for investment, allowing you to generate rental income while enjoying the benefits of property ownership in a thriving market.

The neighborhood is well-equipped with essential amenities, including parks, schools, and shopping centers, ensuring that you have everything you need within reach. The local community is known for its friendly atmosphere and active engagement, making it easy to forge connections and build lasting relationships. Plus, with easy access to public transportation and major highways, commuting to nearby Denver or exploring the stunning Colorado landscape is a breeze.

In 80010, you’ll find a unique blend of affordability and accessibility, making it a prime choice for those seeking a multi-family home in a dynamic and welcoming environment. Discover the possibilities that await you in this charming Aurora neighborhood!

Newest 80010 Homes with Multi Family Subtype

$900,000
4615740 MLS
1467 Joliet Street is a 9-unit multifamily property in Aurora offering a diverse unit mix of 1 studio, 4 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom unit. The ranch style building also features 9 off street parking spaces and private entrances for each unit. Located in North Aurora, the property is just minutes from Stanley Marketplace and the UC Anschutz Medical Campus. The location also stands to benefit from the East Colfax BRT project, which is bringing new stations, corridor amenities, and pedestrian improvements to the area. Offered at $900,000, the property presents an accessible basis with clear operational upside and the potential to achieve an 8%+ cap rate. New ownership will have the opportunity to implement additional improvements, enhance interiors, tighten operations, and continue driving revenue over time. HIGHLIGHTS - Priced below nearby sales comparables and active listings - Diverse unit mix from studio to three-bedroom units, appealing to a broad tenant base - Side-by-side ranch-style apartment building with private entrances and a functional layout - Located in North Aurora, just minutes from the Anschutz Medical Campus, Stanley Marketplace, and Lowry - Value-add opportunity positioned to benefit from continued investment along the East Colfax corridor, including the East Colfax BRT project and related pedestrian and amenity improvements AMENITIES - Private entrances per unit - Individually metered for electric - tenants pay directly (GE panels) - 1:1 parking ratio - LVP flooring in most units - Functional, open floor plans

1467 Joliet Street, Aurora

$995,000
4618733 MLS
Great cash flow property with excellent up side income potential. Rare six unit building that backs to a nice park in a predominately single family home neighborhood. Five of the units have enclosed private back yards and there are several garage/storage units on the property. Four of the six units have been rented by the same tenant since before the building was last sold approximately sixteen years ago, and the other two units have each been rented by the same tenants for approximately ten years, providing an extremely consistent revenue base. Property consists of a stand alone 1 bedroom alley house, 2 two bedroom units, and 3 four bedroom (some bedrooms may be non-conforming) multi bath units. Based on the current rents and 2025 actual insurance, RE taxes, and utility costs, the units are projected to currently produce $91,100 in net cash flow before maintenance/debt costs. Current owner believes that there is a significant opportunity to increase the current rent rates in the units’ current condition, and a much more meaningful opportunity to increase the overall rents and cash flow by updating each unit. Three of the units have separate entrances to the basement with potential to make separate additional apartments subject to zoning laws which Seller has not explored. Each of the units would benefit by updating, some significantly. The property is being sold as is in its current condition, although as noted below, Seller can provide financing to include financing updating costs. Seller is willing to finance 80% of the purchase price and 70% of approved updating costs for a qualified and approved buyer for up to nine months to allow a new buyer to potentially update units and improve the operating income before obtaining permanent financing. Asking price is for the property as is without any additional improvements or concessions paid for by the Seller. Please allow 7 days for acceptance.

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