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Home » Real Estate » CO » Aurora » 80010 » 1594 Dallas St, Aurora, CO, 80010
$600,000

1594 Dallas St, Aurora, CO, 80010

4 Beds
4 Baths
1,584 Square Feet
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.
Offered By
Robert Tait robert.tait@evrealestate.com,303-888-0194, Engel & Volkers Denver

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Property Sub Type Income Property
Square Feet 1,584
MLS # 3590574

Market Trends

New Properties On Market
24
4% Increase In New Listings
Average Asking Price
$523,339
$74,331 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$295
$3 Increase In List Price/Sq. Ft.
Average Days On Market
10
24 Day Decrease In Days On Market
Data as of Oct 05, 2024. Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/28/2024 at 2:54 pm