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Buy a multi-family propertyat 9000 Montview Blvd, Aurora, CO 80010

$1,295,000

$1,395,000 (-7.17%)

$0/mo

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Multifamily

3,781 Sq. Ft.

412 Days on market

6261084 MLS ID

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About 9000 Montview Blvd multi-family property

We are offering a beautiful brick building that is surrounded by new Central Park (Stapleton) growth, the Stanley Marketplace food hall and Fitzsimmons Medical Campus development projects (lots of Jobs in walking distance). This property has 7 different sources of income with lots of upside. Oversized two-car garage to rent to tenants for $200/mth each side or rent the entire garage for $500+/mth to a contractor to run their business out of right on Montview. New roof was installed in 2019 for carefree maintenance. Unit 2 has a very nice woman who voluntarily serves as the buildings eyes&ears to ensure peaceful living conditions. Low maintenance building. Tenants pay on time with no complaints. Average tenure of the tenants is 4+ years. Easy house-hack opportunity where you could live in one unit for free while the other units generate significant positive income. This building was inspected by the City of Aurora 4 months ago via their sporadic inspections program and was so well received, they said no need to inspect for 4 more years. A savvy investor could tear down the 2-car garage and put up a new 4-plex building next door to maximize cash flow. Location is in the middle of I225, I70 & I25 to easily get to airport, downtown or DTC. Owner can carry a portion of the purchase. Bring your 1031 money!
We are offering a beautiful brick building that is surrounded by new Central Park (Stapleton) growth, the Stanley Marketplace food hall and Fitzsimmons Medical Campus development projects (lots of Jobs in walking distance). This property has 7 different sources of income with lots of upside. Oversized two-car garage to rent to tenants for $200/mth each side or rent the entire garage for $500+/mth to a contractor to run their business out of right on Montview. New roof was installed in 2019 for carefree maintenance. Unit 2 has a very nice woman who voluntarily serves as the buildings eyes&ears to ensure peaceful living conditions. Low maintenance building. Tenants pay on time with no complaints. Average tenure of the tenants is 4+ years. Easy house-hack opportunity where you could live in one unit for free while the other units generate significant positive income. This building was inspected by the City of Aurora 4 months ago via their sporadic inspections program and was so well received, they said no need to inspect for 4 more years. A savvy investor could tear down the 2-car garage and put up a new 4-plex building next door to maximize cash flow. Location is in the middle of I225, I70 & I25 to easily get to airport, downtown or DTC. Owner can carry a portion of the purchase. Bring your 1031 money!

Property details

Building

Above Grade Finished Area: 3006

Below Grade Finished Area: 775

Building Area Total: 3781

Construction Materials: "Wood/Frame"

Lower Sq Ft: 775

Total Sq Ft: 3781

Levels: "Two"

Living Area: 3781

Living Area Units: Square Feet

Stories: 2

Year Built: 1956

Basement

Basement: "90%+ Finished Basement"

Bathrooms

Bathrooms Total Integer: 5

Baths Full Additional: 0

Baths Full Basement: 0

Baths Half Additional: 0

Baths Half Basement: 0

Baths Three Quarters Additional: 0

Baths Three Quarters Basement: 0

Baths Three Quarters Lower: 0

Baths Three Quarters Upper: 0

Bedrooms

Bedrooms Total: 7

Location

City: Aurora

Country: US

County Or Parish: Adams

Locale: Aurora

Latitude: 39.747261

Longitude: -104.883743

MLS Area Major: Metro Denver

Postal Code: 80010

State Or Province: CO

Street Name: Montview

Street Number: 9000

Street Suffix: Blvd

Subdivision Name: Northwestern Aurora

Unparsed Address: 9000 Montview Blvd Aurora CO 80010

Cooling

Cooling: "Central Air"

Cooling YN: t

Garage

Covered Spaces: 2

Garage Spaces: 2

Garage YN: t

Garage Type: Detached

Schools

Elementary School: Crawford

High School: Aurora Central

High School District: Adams-Arapahoe 28J

Middle Or Junior School: Aurora West

Income

Gross Income: 82224

Net Operating Income: 69757

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 6630

Tax Year: 2021

Water Features

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 342.5

Listing Id: 6261084

Listing Terms: "Cash", "Conventional", "Owner May Carry"

List Price: 1295000

Mls Status: Active

Number Of Units Total: 4

Standard Status: Active

Lot

Lot Size Units: Square Feet

Expenses

Operating Expense: 12467

Monthly cost

Estimated monthly cost

$7,982/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,217,300

+$38,850

$1,256,150

Seller agent commission$38,850 (3%)*

$0 (0%)

Buyer agent commission$38,850 (3%)*

$38,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $38,850 more selling your home
with an Unreal Estate agent

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Cities

Unreal Estate checked: Apr 23, 2024 at 9:00 p.m.

Data updated: Aug 7, 2023 at 8:44 p.m.

Courtesy of Kenneth Crounse, Brokers Guild Homes housebuyerken@gmail.com
This content last updated on 08/07/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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