1452 Iola Street

Aurora, CO 80010

$533,334
Price
4
Beds
2
Baths
1,495 Sq. Ft.
$357 / Sq. Ft.
1,495
Sq. Ft.
$357
per Sq. Ft.

Description

Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance...Explore this exceptional investment package featuring three separate duplexes, each a reliable source of cash flow. The property boasts six spacious 2-bedroom, 1-bath units with established long-term tenants. Inside, recent upgrades include new countertops, cabinetry, paint, and appliances. Outside, tenants enjoy private patios and a sizable yard, along with seven off-street parking spaces. What sets this opportunity apart is the potential for further development—a three-story addition could enhance both cash flow and property value, offering flexibility for retail, residential, or a combination of both. Additionally, each duplex can be purchased separately, providing investors with even more options for customization and portfolio diversification. It's not just an investment; it's a practical step towards future growth. Offering Memorandum is in the following Dropbox link: https://www.dropbox.com/scl/fo/fyc1mgnl76fumdprt8dps/AAo4wj1jKkRyCDPgPUtx4m0? rlkey=96u79hi1dx6uarrz28u2tw3id&st=wwt2nz60&dl=0
  1. Listed by Christopher Mitton • Pinnacle Real Estate Advisors • cmitton@pinnaclerea.com,303-887-4955

Property Details for 1452 Iola Street

Structure Type
Duplex
Architectural Style
Duplex
Levels
One
Stories
1
Subdivision Name
Delmar Parkway
Association
No
Basement
No

Location

Listing Courtesy of Pinnacle Real Estate Advisors, Christopher Mitton
Add your commute
LISTING UPDATED: 05/17/2024 04:40 PM

Property Details for 1452 Iola Street

StatusActive
MLS #9637522
Days on Compass15
Taxes$3,073 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.26 AC / 11,488 SF
CountyArapahoe County

Location

Listing Courtesy of Pinnacle Real Estate Advisors, Christopher Mitton
Add your commute

Building Information for 1452 Iola Street

Stories-Residences-Year Built1952Building Size-Lot Size0.26 AC / 11,488 SF

Payment Calculator

$3,167 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,911

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1452 Iola Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 1495
  • Sqft Total: 1495
  • Living Area (SqFt Finished): 1495
  • Above Grade Finished Area: 1495
  • Living SqFt: 1495
  • Area Source: Public Records
  • PSF Total: 357
  • PSF Above Grade: 357
  • PSF Finished: 357
  • Master on Main: No
  • Basement: Crawl Space
  • Heating: Forced Air
  • Cooling: Other
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 2
Parking
Parking
  • Attached Garage: No
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 5
  • Parking Count: 5
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Kenton
  • Elementary School District: Adams-Arapahoe 28J
  • Middle Or Junior School: Aurora West
  • Middle Or Junior School District: Adams-Arapahoe 28J
  • High School: Aurora Central
  • High School District: Adams-Arapahoe 28J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 11488
  • Property Exclusions: Tenants personal property.
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Livable Structure Count: 0
  • Unit Count: 0
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer
  • Electric: Master Meter-Electric

Property History for 1452 Iola Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1452 Iola Street

Taxable ValueLand-Additions-Total-
Tax Record2021$3,252 ($271 / month)
Home Facts
Total Finished SqFt1,720 SqFtAbove Grade Finished SqFt1,720 SqFtStories1Lot Size3,485 SqFtStyleDuplexYear Built1952Year Renovated1984CountyARAPAHOEAPN1973-02-2-07-004

Schools near 1452 Iola Street

This home is within Adams-Arapahoe 28j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Kenton Elementary School
PublicPK to 5

Aurora West College Preparatory Academy
Public6 to 12

Aurora Central High School
Public9 to 12

Vega Collegiate Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1452 Iola Street is a multi-family home for sale in Aurora, CO 80010. This property was listed for sale on May 17, 2024 by Pinnacle Real Estate Advisors, it's currently listed at $533,334. It has been on the market for a total of 15 days and was last sold on November 17, 2015. This listing's school district is Adams-Arapahoe 28j School District. Nearby schools include Kenton Elementary School, Aurora West College Preparatory Academy and Aurora Central High School. 1452 Iola Street is a 4-bed, 2-bath, 1,495 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Real Estate Advisors, Christopher Mitton

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.