14240 East 22nd Place

Aurora, CO 80011

$875,000
Price
7
Beds
3
Baths
5,456 Sq. Ft.
$160 / Sq. Ft.
5,456
Sq. Ft.
$160
per Sq. Ft.

Description

Welcome to this fantastic investor opportunity in Aurora. This triplex offers an ideal investment scenario with significant potential for increased returns. Currently under market rents, there's ample opportunity to maximize profitability by adjusting rental rates to achieve a desirable 6% cap rate. Please see attached rentometer reports reflecting current market rents. Current lease terms:
14240: $1425 per month and leased until 7/31/24.
14244: $1200 per month and leased until 9/30/24.
14250: $1419
...Welcome to this fantastic investor opportunity in Aurora. This triplex offers an ideal investment scenario with significant potential for increased returns. Currently under market rents, there's ample opportunity to maximize profitability by adjusting rental rates to achieve a desirable 6% cap rate. Please see attached rentometer reports reflecting current market rents. Current lease terms:

14240: $1425 per month and leased until 7/31/24.
14244: $1200 per month and leased until 9/30/24.
14250: $1419 per month and leased until 9/30/24. Don't miss out on this exceptional opportunity to capitalize on a prime investment property. Whether you're a seasoned investor or venturing into real estate for the first time, this triplex offers a solid foundation for long-term financial success. Current tenants are reliable and pay on time. Property is currently professionally managed. No showings until an offer from a qualified buyer in hand.
  1. Listed by Amy Bergan • Real Broker LLC • amy@berganhomes.com,303-859-5665

Property Details for 14240 East 22nd Place

Structure Type
Triplex
Levels
One
Stories
1
Subdivision Name
Sable Village Filing 1
Association
No
Multiple Associations
No
Basement
Yes

Location

Listing Courtesy of Real Broker LLC, Amy Bergan
Add your commute
LISTING UPDATED: 04/24/2024 11:47 AM

Property Details for 14240 East 22nd Place

StatusPending
MLS #6318366
Days on Compass26
Taxes$4,607 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.12 AC / 5,400 SF
CountyAdams County

Location

Listing Courtesy of Real Broker LLC, Amy Bergan
Add your commute

Building Information for 14240 East 22nd Place

Stories-Residences-Year Built1979Building Size-Lot Size0.12 AC / 5,400 SF

Payment Calculator

$5,159 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$384

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14240 East 22nd Place

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 5456
  • Sqft Total: 5456
  • Living Area (SqFt Finished): 2728
  • Above Grade Finished Area: 2728
  • Living SqFt: 2728
  • Sq Ft Apx: 0
  • Below Grade Unfinished Area: 2728
  • Area Source: Public Records
  • PSF Total: 160
  • PSF Above Grade: 321
  • PSF Finished: 321
  • Master on Main: No
  • Basement: Unfinished
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Dishwasher, Oven, Range, Refrigerator
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
Bathrooms
  • Bathrooms Total: 3
Parking
Parking
  • Attached Garage: No
  • Parking Details: 1 Space/Unit
  • Parking Total: 1
  • Garage Spaces: 3
  • Offstreet Spaces: 0
  • Parking Count: 3
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Sable
  • Elementary School District: Adams-Arapahoe 28J
  • Middle Or Junior School: North
  • Middle Or Junior School District: Adams-Arapahoe 28J
  • High School: Hinkley
  • High School District: Adams-Arapahoe 28J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 5400
  • Lot Features: Cul-De-Sac
  • Property Exclusions: Tenants Personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick, Frame
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Livable Structure Count: 0
  • Unit Count: 3
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Electric: Electric

Property History for 14240 East 22nd Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14240 East 22nd Place

Taxable ValueLand$13,740Additions$33,670Total$47,410
Tax Record2022$5,387 ($449 / month)
Home Facts
Total Finished SqFt2,728 SqFtAbove Grade Finished SqFt2,728 SqFtStories1Lot Size5,227 SqFtStyleTriplexYear Built1979CountyADAMSAPNR0085399Fireplace TypeHas Fireplace

Schools near 14240 East 22nd Place

This home is within Adams-Arapahoe 28j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Park Lane Elementary School
PublicPK to 5

Hinkley High School
Public9 to 12

Sable Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC, Amy Bergan

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.