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1281 Iola Street

Aurora, CO 80010
  • $494,000
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: 8991714
UPDATED: 72 min ago
$494,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,638
    SQFT
  • $302
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Homesmart Realty.

Description

Amazing Opportunity!! Purchase the property- live in the front single family home and rent the rear duplex (rental income will pay your mortgage) OR purchase the property and continue to rent all 3 units. Property features 1 duplex and 1 ranch style single family home. Off street parking (front and alleyway) and a shared fenced yard. The single family residence includes 2 bedrooms, and one full bath. Property has been refinished and features laminate wood flooring, granite counters, new appliances, new cabinets, new paint and new windows. Long term tenant who would like to stay (currently in a month to month lease term in the amount of $1200). Front street parking and front side parking for the single family house. The duplex basement includes 1 bedroom and 1 full bathroom. This unit has been freshened up with new paint, new cabinets and newer appliances. Please note basement bedroom is non-conforming. Duplex basement is currently rented month to month for $750. The duplex upstairs includes 1 bedroom and a 3/4 bathroom. This unit was also freshened up with new paint and new bathroom vanity. The upstairs duplex is currently leased for $600 per month and has a month to month lease term. Duplex exterior features new stucco, paint and roof. 4 alley accessed parking spots for the duplex tenants. All 3 properties are turn key. Great location with easy access to University Hospital and Downtown Denver.

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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 RE/MAX Alliance 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.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.coloradorealestateadvisors.com/homes/120770517
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1281 Iola Street Aurora, CO 80010

  • Price: $494,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 72 min ago
  • ID#: 8991714
4
Beds
3
Baths
0
½ Baths
0.15
Acres
1,638
SQFT
$302
$/SQFT
1925
Built
Neighborhood:
Aurora
County:
Arapahoe
Area:
Aurora
Elementary School:
Kenton
Middle School:
AURORA WEST
High School:
Aurora Central
School District:
Adams-Arapahoe 28J
Property Description
Amazing Opportunity!! Purchase the property- live in the front single family home and rent the rear duplex (rental income will pay your mortgage) OR purchase the property and continue to rent all 3 units. Property features 1 duplex and 1 ranch style single family home. Off street parking (front and alleyway) and a shared fenced yard. The single family residence includes 2 bedrooms, and one full bath. Property has been refinished and features laminate wood flooring, granite counters, new appliances, new cabinets, new paint and new windows. Long term tenant who would like to stay (currently in a month to month lease term in the amount of $1200). Front street parking and front side parking for the single family house. The duplex basement includes 1 bedroom and 1 full bathroom. This unit has been freshened up with new paint, new cabinets and newer appliances. Please note basement bedroom is non-conforming. Duplex basement is currently rented month to month for $750. The duplex upstairs includes 1 bedroom and a 3/4 bathroom. This unit was also freshened up with new paint and new bathroom vanity. The upstairs duplex is currently leased for $600 per month and has a month to month lease term. Duplex exterior features new stucco, paint and roof. 4 alley accessed parking spots for the duplex tenants. All 3 properties are turn key. Great location with easy access to University Hospital and Downtown Denver.
Exterior Features

Architectural Style SpanishTraditional Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Dog RunGardenPrivate YardRain Gutters Fencing Partial Garage YN No Lot Features Level Lot Size Area 0.15 Lot Size Square Feet 6490 Parking Total 6 Roof CompositionMembrane Structure Type Triplex

Interior Features

Appliances DishwasherMicrowaveOvenRangeRefrigerator Basement FullFinished Basement YN Yes Below Grade Finished Area 564 Cooling Evaporative Cooling Flooring LaminateTile Heating BaseboardElectricForced Air Heating YN Yes Interior Features Ceiling Fan(S)Eat-In KitchenGranite CountersLaminate CountersOpen Floorplan Laundry Features In Unit Levels One Living Area Sq Ft 1638

Property Features

Above Grade Finished Area 1074 Association YN No Building Area Source Public Records Construction Materials Cement SidingStucco Exclusions Tenants Personal PropertyMain House Washer/Dryer. Main House Oven/Stove/ Are Owned By Tenant. Listing Terms CashConventional1031 Exchange Ownership Corporation/Trust Possession Closing Property Condition Updated/Remodeled Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2197 Tax Year 2020 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedHigh Speed Internet AvailablePhone Connected Water Source Public

Listing courtesy of Homesmart Realty: MLS #8991714


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 RE/MAX Alliance 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.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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RE/MAX Alliance
13770 E Rice Place
Aurora CO, 80015
Offered by Homesmart Realty.