1448 IOLA ST
AURORA, CO 80010
$1,600,000
0 Beds
0 Baths
5,472 Sq Ft
Status Active
MLS# 5028965
Property includes 2,640 SF of land in front of property perfect for development of a 3 story retail and multifamily development. Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth. The Offering Memorandum is at the following Dropbox link: https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0?rlkey=96u79hi1dx6uarrz28u2tw3id&st=wwt2nz60&dl=0
Details for 1448 IOLA ST
$292 / Sq Ft
5 parking spaces
17 Days on website