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1594 Dallas Street, Aurora, CO – $600,000

  • 4 Beds
  • 4 Baths
  • 1,584 Sqft
  • .15 Acres
  • 4 Beds
  • 4 Baths
  • 1,584 Sqft
  • .15 Acres

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1594 Dallas Street

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.

Listing Office: Engel & Volkers Denver

Essential Information

  • MLS® #3590574
  • Price$600,000
  • Bedrooms4
  • Bathrooms4.00
  • Square Footage1,584
  • Acres0.15
  • Year Built1940
  • TypeResidential Income
  • Sub-TypeQuadplex
  • StatusActive

Community Information

  • Address1594 Dallas Street
  • SubdivisionCommerce City
  • CityAurora
  • CountyAdams
  • StateCO
  • Zip Code80010

Amenities

  • Parking Spaces12

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

Interior

  • HeatingForced Air
  • CoolingCentral Air
  • StoriesOne

Appliances

Dishwasher, Dryer, Oven, Range Hood, Refrigerator, Washer

Exterior

  • Lot DescriptionCorner Lot
  • RoofArchitecural Shingle
  • FoundationSlab

School Information

  • DistrictAdams-Arapahoe 28J
  • ElementaryCrawford
  • MiddleAurora West
  • HighAurora Central

Additional Information

  • Date ListedMay 1st, 2024

Listing Details

  • Engel & Volkers Denver

Office Contact

robert.tait@evrealestate.com,303-888-0194

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Listing information last updated on November 24th, 2024 at 11:18am MST.