Profitable Fourplex Investment in Aurora
- 4 Bedrooms
- 4 Bathrooms
- 590 m² Plot surface
Description
Welcome to 1594 Dallas Street, where opportunity meets stability in the bustling city of Aurora, Colorado. This fourplex isn’t just a building; it’s a cornerstone of investment, boasting a desirable 5% cap rate that underscores its profitability and potential. Step through the doors of this turnkey property and discover a world where each unit reflects a commitment to quality and comfort. From tastefully updated kitchens to cozy, inviting living rooms, every detail has been considered to attract and retain tenants. The charm of this property isn't just in its aesthetics but in its proven track record of long-term tenancies, ensuring a stable and reliable income stream. Imagine owning a piece of real estate where the headaches of vacancies and major renovations are tales of the past. Here, the four units stand as a testament to wise management, with long-standing occupants who cherish their homes and contribute to a strong community vibe. This property qualifies for A Community Reinvestment Act program which offers 1.75% of loan amount lender credit towards Closing Costs, Pre-paids or Buy-down with no income limit . Located conveniently close to essential amenities—shops, schools, and public transport—1594 Dallas Street offers not only ease of living for its residents but also peace of mind for its owner. Ample off-street parking and separate utilities per unit ensure that convenience is matched by practicality, making this property a standout in the market. This is more than an investment; it's a legacy in the making, ready for an astute investor to take the helm and steer towards continued success.