10632 E 4th Way Unit

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Sold Aurora, CO 80010 MLS# 5371318 Sold by Lance Becker on 12/18/2019
$700,000
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Multi-Family Property Type
8 Bedroom
4 Bathroom
0 Garage
3623.00 Sq Ft
0.36 Acres
1962 Year Built

Overview

Great side by side 4 plex fully rented. 3 units have spacious private back yards. 2 units just rented on 1 year leases at $1250. One unit month-month at $1200 and one unit month to month at $995. 6.4% cap rate if all rented at $1250/mo. Green grass with sprinkler system. Both front units just updated and one rear unit new floors. Both month to month tenants have been there for 5+ years. Washer/dryer hookups in each unit. Nice floor plans with kitchen with eating area, dining room, family room, 2 bedrooms and 1 bathroom with tub. Close to 2-225 and mall.

New Home Sales Hours

Courtesy Of Stix & Stones Fine Colorado Properties LLC
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Grounds Care,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed No

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement Crawl Space,Unfinished
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 3,623
    • Living Area, Finished 3,623
    • Above grade, Finished 3,623
    • Basement, Finished 0
    • Basement, Unfinished 0
    • PSF Total $193.21
    • PSF Finished $193.21
    • PSF Above Grade $193.21
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Gas Water Heater
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions None
    • Flooring Carpet,Laminate,Linoleum,Tile
    • Furnished
    • Interior Features Eat-in Kitchen
    • Laundry Availability In Unit
    • Security Features Fire Alarm
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 4
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 8
    More Room Details

    Unit Information

    Summary

    • Number of Units 4
    • Number of Units Furnished
    • Number of Units Vacant 0
    • Unit Features
    Single Unit Details
    • Unit Type 2 Bedroom
    • Total Units 4
    • Average Rent 1174.00
    • Average SqFt 905.00
    • Dishwashers 4
    • Washers 0
    • Dryers 0
    • Hookups 4
    • Refrigerators 4
    • Stoves 4
    • Air Conditions 0
    • Fireplaces
    • Storage Units 0
    • Description
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit 4
    • Parking Per Unit 0

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location Exterior Access
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Quadruplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Contemporary
    • Construction Materials Brick
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Private Yard
    • Fencing Full
    • Number of Docks
    • Number of Doors
    • Number of Storage Units 0
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Front Porch,Patio
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Corner Lot,Cul-De-Sac,Irrigated,Sprinklers In Front,Sprinklers In Rear
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.36
    • Lot Size Dimensions
    • Lot Size SqFt 15,682
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $1,944,444.44
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    Parking Features
    Off Street

    • Total Parking Spaces 3
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 3
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Forced Air,Natural Gas
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed No
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 5.20
    • Cap Rate Calculation NOI/775,000
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $15,859
    • Operating Expense Includes Insurance,Other,Real Estate Tax,Utilities
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $40,481
    • Gross Income $56,340
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $5,200
    • Projected Annual Expense $16,000
    • Projected Annual Net Income $46,400
    • Projected Gross Income $62,400
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $2,619
    • Legal Description LOT 4 & ELY 10 FT LOT 3 & 1/2 VAC ST ADJ LOT 4 BLK 16 HIGHLAND PARK 4TH FLG
    • Tax Exemptions
    • Tax ID 031122953
    • Tax Year 2018
    Other
    • Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone
    • Utilities Metering Common Water,Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility,Included in Rent

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Highland Park
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning Multi-Family
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $775,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Corporation/Trust
    • Possession Negotiable
    • Special Listing Conditions None Known
    • Year Built 1962

    Mortgage Calculator

    School Zone

    District: Adams-Arapahoe 28J
    Schools: Lansing Elementary School, Aurora Central High School, South Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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