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USACOAuroraHighland Park11036 E 4Th Way
11036 E 4 Th Way, Home with 8 bedrooms, 4 bathrooms and null parking in Aurora CO | Image 1
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$1,090,000

11036 E 4 Th Way, Aurora, CO

Real Estate

For Sale

$--,---,---
840
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3692 sqft
Garage No
Taxes $3,114
Days Active 0
Lot Size 
Approx. Age 1965
Avg. Price Per Sqft $295
MLS® Number 2465236

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in Aurora West! 11036 & 11038 E 4th Way is a duplex configured as four fully rentable units, each with its own kitchen and bath, generating an annual rent roll of $82, 200 and a NOI of $73, 282 (~6.7% cap rate at list price). Residents pay for gas, electric, trash, internet, and cable, with the exception of one unit (11038-A) where the owner currently covers water under a prior lease. The building is on one water meter and split between two electric meters (one per address). Property taxes are just $3, 114 annually and insurance is approximately $2, 000/year. Originally built in 1965, the property was fully remodeled in 2021/2022 with major capital improvements since, including a brand-new Class 4 impact-resistant roof (2025), furnaces for basement units (2022), Bosch high-efficiency mini-split systems in main level units (2023/2024), new A/C for basement units (2022), new washer/dryer (2024), sewer and drain line replacement (2023), and a new dishwasher (2023). With 3, 692 SF on a 7, 449 SF lot, strong rental demand, and stable residents in place is a great opportunity. Zoned and taxed as a duplex but operating as four units, it's an ideal addition for portfolio investors and 1031 exchange buyers.Show Description
MLS® Number2465236
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1965
BasementPartially Finished
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air
Heating Fuel

Extras

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