39.717606 -104.820694
14206 East 1st Drive Aurora CO 80011 199823407 39.717606 -104.820694 30105 False 0 452000.0 756 105 102 4 4 4436637 False 1982 0.01 0.01

14206 East 1st Drive

Aurora, CO 80011 MLS# 4436637

Sold 02/23/18

199823407 True False 39.717606 -104.820694 30105 False 0 452000.0 756 105 4 4 4436637 False 47190525 0
$452,000
MLS# 4436637
Sold 02/23/18
  1. Listed on 02/23/18
  • 4 Bedrooms Beds
  • 4 Bath Baths
  • 756 Square Feet Sq.Ft
  • 0.01 Acres
  • 1982 Year Built Yr. Built
14206 East 1st Drive Aurora, CO 80011 MLS# 4436637
Sold 02/23/18
199823407 39.717606 -104.820694 30105 False 0 452000.0 756 105 4 4 4436637 False
$452,000
  • 4 Bedrooms
  • 4 Bath
  • 756 Square Feet
  • 0.01 Acres
  • 1982 Year Built
  1. Listed on 02/23/18
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Description

This offering is for 4 units. 1 unit is vacant, 3 units are tenant occupied, all units have the same floor plan and basically the same condition. HOA includes water!! Small storage unit off balcony/patio of each unit. Centrally located providing easy access to HWY, Anschutz Medical Center, and 15 min. drive to DIA. Steps away from Light Rail. Living room & master bedroom have sliding glass doors to balcony/patio. Large laundry room w/washer & dryer. Brick fireplace**2 units have new HVAC! A4 is a main floor unit with an enclosed patio, units C3, C9, C10 are third floor units. Unit C9 has a covered parking space #8!!!! (HOA is doing maintenance on the complex, please excuse the boards on the patio).

Courtesy Of Equity Colorado
Listing Information
  • Property Type: Income
  • Property Subtype: Income
  • Style: Ranch/1 Story
  • Building Style: Low Rise (1-3)
  • Architecture: Traditional
  • Locale: Cherry Creek Grove East
  • Beds: 4
  • Sq Ft Finished: 756
  • Sq Ft Above: 756
  • Sq Ft Basement: 0
  • PSF Above Grade: 597.88
  • PSF Finished: 597.88
  • PSF Total: 597.88
  • Lot Size Sq Ft: 436.00
  • Total Acres: 0.01
  • PPA: 45200000.00
  • Construction Materials: Wood Siding
  • Year Built: 1982
  • Building Name: Cherry Grove East
  • Directions: 6th Avenue to Sable, left on E. Ellsworth, 1st right into complex, walk to the left of the building on the far right through the black iron fence, 1st bldg on the right is 14206- condo numbers are on the inside of the bldg.
  • Unit Access: Exterior Access
  • Additional Information: Income Potential, Tenant Occupied
Interior Features
  • Flooring: Carpet, Tile Floor, Vinyl/Linoleum
  • Kitchen Appliances: Disposal, Smoke Alarm, Stove/Range/Oven, Dishwasher, Dryer, Microwave Oven, Refrigerator (Kitchen), Washer
  • Exclusions: tenants personal property
  • Fireplace: Wood
  • Number Of Units Vacant: 1
  • Laundry Availability: Washer/Dryer Included
Unit Info
  • 1 Bedroom
  • Average Sq Ft: 750.00
  • Dryers: 4
  • Stoves: 4
  • Dishwashers: 4
  • Number of Units: 4
  • Unit Type: 1 Bedroom
  • Air Conditioners: 4
  • Washers: 4
  • Bathrooms: 4
  • Fireplaces: 4
  • Refrigerators: 4
Room Details
  • Basement Size: None
Parking/Garage
  • Covered Parking
  • Parking Type: Covered Parking
  • Parking Description: additional parking lot spaces
  • Parking Spaces Number Of: 1
  • Parking Total Searchable: 1
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 1
  • Total Reserved Spaces: 0
  • Total RV Spaces: 0
Community/Neighborhood Information
  • Walk Score: 53
HOA
  • HOA Website: cms-hoa.com
  • Master HOA: CMS
  • HOA Includes: Insurance, Community Pool, Snow Removal, Trash Removal, Clubhouse, Exterior Maintenance w/ Roof, Sewer, Water
  • Master HOA Phone: 7203770100
  • Master HOA Type: Professionally Managed
  • Restrictions: HOA Documents Available
  • Master HOA Fee Frequency: Monthly
  • Master HOA Fee: 280.00
  • HOA YN: Y
Financial Considerations
  • Gross Income: 49200
  • Offsite Management Annual Expens: 2400
  • Tax Amount: 488.00
  • Vacancy Credit Losses: 0
  • Cap Rate Calculation: net income divided by purchase price
  • Net Operating Income: 40160
  • Annual Income Proj: 49200
  • Annual Net Income Proj: 40160
  • Insurance Expense: 800
  • Maintenance Exp: 2500
  • Association Yearly Fee: 13440
  • Tax Year: 2016
  • Annual Expense Proj: 9040
  • Annual Income: 0
  • Cap Rate: 8.00
  • Gross Operating Income: 49200
  • Real Estate Taxes: 2000
  • Tenant Pays: Gas, Internet, Electricity
  • Annual Expenses: 9040
  • Potential Rental Income Annual: 49200
  • Tax ID: 032334690
Utilities & Green Home Features
  • Cooling: Air Conditioning-Central
  • Heating Fuel: Gas
  • Heating: Forced Air
Exterior & Lot Features
  • Road Surface: Paved Road
  • Roof: Composition Shingles
  • Construction Type: Frame
  • Zoning: PUD
  • Exterior Features: Balcony
  • Site Features: Near Public Transit
Schools Near 14206 East 1st Drive Aurora, CO
District: Adams-Arapahoe 28J
Schools: Sixth Avenue, East, Hinkley
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