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Pamela Gonacha, Associate Broker
FOR SALE
$2,395,000

1666 Clinton Street
Aurora, CO 80010

Multi-Family
Residence
9,240
Sqft
0.22
Lot Size
1of
Photos
Map
Courtesy: Keller Williams Realty Urban Elite
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.
5840347
Multi-Family, High-Rise, 3+ Story
Adams
1960
0.22 Acres
3
Brick,Frame
Public Sewer
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