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1980 Galena Street

Aurora, CO 80010
  • $580,000
  • STATUS: Closed
  • ON SITE: 180 Days
  • ID#: 1754457
Sold - 08/08/2024
$580,000
SOLD - 08/08/2024
  • 6
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,128
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by The Agency - Denver.

Description

Incredible income property that is turnkey and cash flowing nicely in an ideal area near the new VA hospital. Both units are fully rented getting premium rent rates with section 8 tenants and a 7% cap rate. New roof in 2018 with high impact shingles. No maintenance front yard landscaping completed in 2017 with concrete edging. Huge backyard gives privacy to both sides or room to build another rental. Buyer can receive up to 2% of the loan amount towards closing costs by using the seller's lender Sunflower Bank. Additional benefits are available depending on qualifications. Lender is Sunflower Bank-Guardian Mortgage Marietta Companie/ NMLS#1482509 Phone number 303.598.5153 5299 DTC BLVD #1050 Greenwood Village, CO 80111/ Marietta.companie@sunflowerbank.com

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Dennis Jeffery and Pedro Siqueira / Liv Sotheby's International Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.coloradohouse.net/homes/148585999
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1980 Galena Street Aurora, CO 80010

  • Price: $600,000
  • Status: Closed
  • On Site: 180 Days
  • Updated: 156 min ago
  • ID#: 1754457
6
Beds
0
Baths
0
½ Baths
0.15
Acres
2,128
SQFT
$273
$/SQFT
1940
Built
Neighborhood:
Aurora Sub
County:
Adams
Area:
Aurora
Elementary School:
Fletcher
Middle School:
AURORA WEST
High School:
Aurora Central
School District:
Adams-Arapahoe 28J
Property Description
Incredible income property that is turnkey and cash flowing nicely in an ideal area near the new VA hospital. Both units are fully rented getting premium rent rates with section 8 tenants and a 7% cap rate. New roof in 2018 with high impact shingles. No maintenance front yard landscaping completed in 2017 with concrete edging. Huge backyard gives privacy to both sides or room to build another rental. Buyer can receive up to 2% of the loan amount towards closing costs by using the seller's lender Sunflower Bank. Additional benefits are available depending on qualifications. Lender is Sunflower Bank-Guardian Mortgage Marietta Companie/ NMLS#1482509 Phone number 303.598.5153 5299 DTC BLVD #1050 Greenwood Village, CO 80111/ Marietta.companie@sunflowerbank.com
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials BrickFrameStucco Exterior Features Private YardRain Gutters Fencing Full Foundation Details Slab Lot Features Corner LotLevelNear Public Transit Lot Size Area 6350 Offstreet Spaces 2 Parking Total 2 Patio And Porch Features Front Porch Roof Composition Rv Spaces 0 Structure Type Duplex

Interior Features

Above Grade Finished Area 1168 Appliances DishwasherDisposalDryerGas Water HeaterMicrowaveOvenRangeRefrigeratorWasher Basement Finished Basement YN Yes Below Grade Finished Area 720 Common Walls 1 Common Wall Cooling None Flooring CarpetVinyl Heating Forced AirNatural Gas Interior Features Eat-in Kitchen Laundry Features In Unit Levels One

Property Features

Actual Annual Net Income 35000.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Buyer Financing ConventionalFHA Comparable Listing YN No Contingency None Known Direction Faces West Exclusions tenants personal property Gross Income 53000 Listing Terms 1031 ExchangeCashConventionalFHAUSDA LoanVA Loan Living Area Sq Ft 1888 Operating Expense 18000 Operating Expense Includes InsuranceMaintenanceReal Estate TaxUtilities Owner Pays ElectricityGasTrash CollectionWater Ownership Individual Property Attached YN Yes Property Sub Type Duplex Restrictions Covenants YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2558 Tax Legal Description SUB:AURORA SUBD BLK:78 DESC: LOTS 4 AND 5 EXC ALLEY 1980-84 GALENA STREET Tax Year 2022 Utilities Electricity ConnectedNatural Gas Connected Water Source Public

REcolorado logo Listing courtesy of The Agency - Denver:shelby.sampson@theagencyre.com,303-913-9573. MLS #1754457


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Dennis Jeffery and Pedro Siqueira / Liv Sotheby's International Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Dennis Jeffery and Pedro Siqueira / Liv Sotheby's International Realty
31955 Castle Court, Unit 1 South
Evergreen CO, 80439
REcolorado logo Offered by The Agency - Denver.