Aurora, CO 80010,1666 Clinton ST
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Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST
Aurora, CO 80010,1666 Clinton ST

$2,370,000

Est. payment /mo

$2,395,000

1.0%
Est.Price: ?

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1666 Clinton ST Aurora, CO 80010

9,240 SqFt

SOLD DATE : 05/05/2023

Key Details

Sold Price $2,370,000

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 9,240 sqft

Price per Sqft $256

MLS Listing ID 5840347

Sold Date 05/05/23

Style HighRise

Year Built 1960

Annual Tax Amount $13,743

Tax Year 2021

Contingent None Known

Lot Size 9,583 Sqft

Acres 0.22

Property Description

The property offers a LOW 3.44% Freddie Mac loan locked in for the next 7 years! The loan on the property is assumable with a just 33% down payment. Interest only for the first year! $100k Price reduction with increase in rental income! 6% cap. Easy Value Add Opportunity. 12 Unit Multifamily building with a rare mix of 3-bedroom and 2-bedroom apartment units. All units have been renovated within the past 12 months to include new kitchen cabinets, new floorings, new paint, and new carpet. The monthly gross rent of $17K can be easily increased to $19K without much turnover. We have favorable financing/debt service options in the 4%-5% range still! Also, an assumable loan of 3.4% interest with a 35% down payment. Just 1 Mile to Anschutz Medical Campus and 1 Mile to the Lowry Neighborhood. Less Than 2 Miles to Stanley Marketplace and Central Park.

Location

State CO

County Adams

Exterior

Present Use MultiFamily

Attached Garage false

Total Parking Spaces 12

Garage false

Building

Story 3

Sewer PublicSewer

Architectural Style HighRise

Level or Stories ThreeOrMore

Structure Type Brick,Frame

New Construction No

Others

Tax ID R0094875

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Keller Williams Realty Urban Elite
Bought with Keller Williams Realty Urban Elite

Chad Meredith

Broker Associate | License ID: FA.100056100

+1(720) 588-2114

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