About 1634 Boston Street
Opportunity is knocking for you in this fabulous 6-plex at 1634 Boston St of Aurora, CO! Just minutes to the Anschutz Medical Campus and Children's Hospital. Four out of six units are currently under lease making this a fantastic income opportunity at a Net Cap Rate of 4.32% currently and Net ProForma estimate of 13.13%. Many parks are within walking distance including Montview Park just to the North and Aurora City Park just a little further to the East. Rents include water and gas with a bill back to the tenant for trash collection, electric, and internet/TV. All units are 2 bed/1 bath and have rents currently ranging from $1,700 to $1,750. Many entertainment options abound at the Stanley Marketplace including Denver Biscuit Company, Logan Coffee House, and the Stanley Beer Hall along with shopping at many local boutiques just North of the building. The bank is also willing to provide seller financing at these terms. 12 month term 75% financing 9.75% rate Interest only 1.00% origination fee
Features of 1634 Boston Street
| MLS® # | 5723493 |
|---|---|
| Price | $825,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,148 |
| Acres | 0.14 |
| Year Built | 1961 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1634 Boston Street |
|---|---|
| City | Aurora |
| County | Adams |
| State | CO |
| Zip Code | 80010 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
|---|---|
| Parking Spaces | 6 |
| Parking | Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Near Public Transit |
|---|---|
| Roof | Composition |
Additional Information
| Date Listed | February 17th, 2025 |
|---|---|
| Zoning | R-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Broker, LLC DBA Real |
|---|