The Agency The Agency

1980 Galena Street

Aurora, CO 80010
Sale Price $600,000
Property Type Multi-Family
Beds 6
Baths 0

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. 1980 Galena Street qualifies for our No money down- NO PMI loan program AND for our $5,000 Neighbors First KeyBank Grant that can be used towards closing costs!! This is an amazing opportunity. The property qualifies based off the census tract which is why we they offer this amazing program which with NO income restrictions! This means that even if a buyer makes one million a year that they can still buy this property with our NO money down and with a 5K grant for closing costs!

Agent Information

Property Specifics

Property Type: Multi-Family
Monthly Common Charges: $18,000
Yearly Taxes: $2,558
Estimated Sq. Foot:
1,888
Lot Size:
6,350 sq. ft.
Price per Sq. Foot:
$318
Building Units: N/A
Building Stories: N/A
Pet Policy: N/A
MLS ID: 1754457
Source Status: Active
Also Listed By: connectagency: a0UXX00000000I22AI, IRES MLS: 1754457

Building Amenities

Private Yard Rain Gutters Brick Frame Stucco Corner Lot Level Near Public Transit Brick Private Yard Stucco Frame Near Public Transit Level Corner Lot Rain Gutters

Unit Amenities

Forced Air Natural Gas Finished Carpet Vinyl In Unit Carbon Monoxide Detector(S) Smoke Detector(S) Dishwasher Disposal Dryer Gas Water Heater Microwave Oven Range Refrigerator Washer Front Porch Basement Parking

Location & Transportation

Other Property Information

Summary

General Information
  • Structure Type: Duplex
  • Year Built: 1940
School
  • Elementary School: Fletcher
  • Middle or Junior School: Aurora West
  • High School: Aurora Central
Parking
  • Total Parking Spaces: 2

Interior and Exterior Features

Interior Features
  • Interior Features: Eat-in Kitchen
  • Living Area: 1,888 sq. ft.
  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Laundry Features: In Unit
Exterior Features
  • Exterior Features: Private Yard, Rain Gutters
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Structure
  • Building Area: 2,128
  • Levels: One
  • Property Attached: 1 Common Wall
  • Construction Materials: Brick, Frame, Stucco
  • Foundation Details: Slab
  • Basement: Finished
  • Patio and Porch Features: Front Porch

Property Information

Lot Information
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Lot Size: 6,350 sq. ft.
  • Fencing: Full
Utilities
  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Sewer: Public Sewer

Estimated Monthly Payments

Monthly Total $21,091
Monthly Charges $18,000
Monthly Taxes $213
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $2,878 Monthly Charges $18,213 Total Monthly Payment $21,091
Calculation based on:
Price: $600,000
Charges: $18,213 * Additional charges may apply

Similar Listings

Building Information

Building Name: N/A
Property Type: Multi-Family
Building Type: Duplex
Pet Policy: N/A
Units: N/A
Stories: N/A
Built In: 1940
Sale Listings: 1
Rental Listings: 0
Land Lease: No
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Last checked: May 5, 2024, 5:35 PM UTC
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