1594 Dallas ST Active

Aurora,CO 80010

$ 600000

4 Beds

4 Baths

1584 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $378

Subdivision Commerce City

MLS Listing ID 3590574

Bedrooms 4

Year Built 1940

Annual Tax Amount $3,539

Tax Year 2023

Lot Size 6,534 Sqft

Property Description

Welcome to 1594 Dallas Street, where opportunity meets stability in the bustling city of Aurora, Colorado. This fourplex isn?t just a building; it?s a cornerstone of investment, boasting a desirable 5% cap rate that underscores its profitability and potential.

Step through the doors of this turnkey property and discover a world where each unit reflects a commitment to quality and comfort. From tastefully updated kitchens to cozy, inviting living rooms, every detail has been considered to attract and retain tenants. The charm of this property isn't just in its aesthetics but in its proven track record of long-term tenancies, ensuring a stable and reliable income stream.

Imagine owning a piece of real estate where the headaches of vacancies and major renovations are tales of the past. Here, the four units stand as a testament to wise management, with long-standing occupants who cherish their homes and contribute to a strong community vibe.

This property qualifies for A Community Reinvestment Act program which offers 1.75% of loan amount lender credit towards Closing Costs, Pre-paids or Buy-down with no income limit .
Located conveniently close to essential amenities?shops, schools, and public transport?1594 Dallas Street offers not only ease of living for its residents but also peace of mind for its owner. Ample off-street parking and separate utilities per unit ensure that convenience is matched by practicality, making this property a standout in the market.

This is more than an investment; it's a legacy in the making, ready for an astute investor to take the helm and steer towards continued success.

Location

State CO

County Adams

Interior

Heating Forced Air

Cooling Central Air

Flooring Laminate,Tile,Vinyl

Exterior

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected

Roof Type Architecural Shingle

Building

Lot Description Corner Lot

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stucco

Schools

Elementary Schools Crawford

Middle Schools Aurora West

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

Special Listing Condition None

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