39.745426 -104.8479
1780 Paris Street Aurora CO 80010 291362061 39.745426 -104.8479 30105 /listing/291362061-151082055/1780-paris-street-aurora-co-80010 False 0 397000.0 1584 105 102 3 3 7406765 False 1950 0.14 0.14

1780 Paris Street

Aurora, CO 80010 MLS# 7406765

Closed 03/24/21

291362061 True False 39.745426 -104.8479 30105 /listing/291362061-151082055/1780-paris-street-aurora-co-80010 False 0 397000.0 1584 105 3 3 7406765 False 52055134 0
$397,000
MLS# 7406765
Closed 03/24/21
  1. Listed on 03/24/21
  • 3 Bedrooms Beds
  • 3 Bath Baths
  • 1,584 Square Feet Sq.Ft
  • 0.14 Acres
  • 1950 Year Built Yr. Built
1780 Paris Street Aurora, CO 80010 MLS# 7406765
Closed 03/24/21
291362061 39.745426 -104.8479 30105 /listing/291362061-151082055/1780-paris-street-aurora-co-80010 False 0 397000.0 1584 105 3 3 7406765 False
$397,000
  • 3 Bedrooms
  • 3 Bath
  • 1,584 Square Feet
  • 0.14 Acres
  • 1950 Year Built
  1. Listed on 03/24/21
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Description

Great investment opportunity on large lot, with potential redevelopment opportunity! Live in one, rent the other two! Triplex conveniently located near Fitzsimons Medical Campus (Anschutz and Children's). All three units are tenant occupied with leases in place. Brand new roof put on last week with warranty - Feb 2021!! Circuit breaker panels have been updated in all three units. New windows on two of the three units, some replaced on the third unit.There is some deferred maintenance on the property (some windows to be replaced and insulation in attic) **This is already reflected in the price.**All 3 units are 1bed/1bath with current combined gross rents of $2,675. (Market rents = $2,885)

Courtesy Of Red Tree Real Estate, LLC
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Subdivision: Straits
  • Beds: 3
  • SqFt Finished: 1584.00
  • SqFt Above: 1584.00
  • PSF Total: 250.63
  • PSF Finished: 250.63
  • PSF Above Grade: 250.63
  • Price Per Acre: 2835714.29
  • Year Built: 1950
  • Construction Materials: Frame
  • Special Listing Conditions: None Known
  • Ownership: Agent Owner
  • Directions: West on Colfax from I-225. Right on Peoria. Left on 17th. Right on Paris St.
  • Stories: 1
Interior Features
  • Exclusions: None
  • Unit Count: 1
  • Appliances: Oven, Range, Refrigerator
  • Flooring: Carpet, Linoleum, Vinyl
  • Interior Features: Laminate Counters, No Stairs
  • Laundry Availability: None
  • Occupant Type: Tenant
Unit Info
  • 1 Bedroom
  • Average Rent: 892.00
  • Average SqFt: 539.00
  • Parking Per Unit: 1
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 1 Bedroom
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 3
Room Details
  • Basement: Crawl Space
  • Basement YN: N
Parking/Garage
  • Off-Street
  • Parking Spaces Number Of: 3
  • Parking Type: Off-Street
  • Parking Total: 3
  • Total Offstreet Spaces: 3
Community/Neighborhood Information
  • Distance to Bus: 2
  • Distance To Light Rail: 10
  • Walk Score: 72
  • Distance To Bus Units: Minutes
  • Distance To Light Rail Units: Minutes
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
  • HOA YN: N
  • Restrictions/Covenants YN: N
Financial Considerations
  • Actual Annual Net Income: 24100.00
  • Cap Rate: 5.80
  • Cap Rate Calculation: Does not incl PM fees.Does incl 6% vacancy loss
  • Gross Income: 32100.00
  • Legal Description: SUB:STRAITS RESUBD 173 BOSTON HTS 2ND FILING BLK:173 DESC: N2 LOT 1
  • Operating Expense: 8000.00
  • Projected Annual Expense: 8000.00
  • Projected Annual Net Income: 26620.00
  • Projected Gross Income: 34620.00
  • Tax Amount: 2527.00
  • Tax ID: R0097544
  • Tax Year: 2019
  • Operating Expense Includes: Insurance, Legal, Maintenance, Real Estate Tax, Utilities
  • Owner Pays Utilities: Exterior Maintenance, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone
  • Utilities Metering: Common Water, Separate Electric, Separate Gas
  • Utilities Paid By Tenant: Direct Billing from Utility
Exterior & Lot Features
  • Shed(s)
  • Outbuilding Description: Attached storage shed
  • Outbuilding Type: Shed(s)
  • Out Building Number Of: 1
  • Road Responsibility: Public Maintained Road
  • Roof: Composition
Utilities & Green Home Features
  • Cooling: Other
  • Electric Service: 110V
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available
  • Water Source: Public
Schools Near 1780 Paris Street Aurora, CO
District: Adams-Arapahoe 28J
Schools: Montview, North, Aurora Central
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