1725 Chester St
Aurora, CO 80010
Chester Street 5-plex · Multifamily Property For Sale
·
5 Units
Investment Highlights
- 5 unit brick building with 1, 2, and 3 bed units
- Easy to rent and maintain
- Centrally located in the Denver metro area and minutes from restaurants, shopping, and attractions
Property Facts
| No. Units | 5 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 3,842 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Zoning | Multi Family | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,842 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | Multi Family |
Amenities
Site Amenities
- Fenced Lot
- Laundry Facilities
About 1725 CHESTER ST , AURORA, CO 80010
*** PRICE ADJUSTMENT *** Centrally located, 5-unit, 3842 sq ft brick apartment building. Up-and-coming neighborhood adjacent to Montview Park, and minutes to Stanley Marketplace, Aurora Cultural Arts District, Anschutz Hospital, Stapleton, Lowry and more. Exterior renovations in 2014 include new windows, gutters, landscaping, and exterior paint. Each unit features 1 reserved parking and 1 storage shed. Onsite coin operated laundry increases operating income. There are three 650 sq ft one-bedroom units averaging $955/mo rent with room to increase; one 950 sq ft three-bedroom unit at $1495/mo; and a two-bedroom 850 sq ft basement unit (used as a 3 bedroom) at $1225/mo. Professional management has stabilized the property and increased rents. Listed rents are actual current rents. Several units have been recently updated.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $955.00 | 650 |
| 2+1 | 1 | $1,225 | 850 |
| 3+1 | 1 | $1,495 | 950 |
Property Taxes
| Parcel Number | 1823-34-3-12-014 | Improvements Assessment | $53,260 |
| Land Assessment | $8,740 | Total Assessment | $62,000 |
Property Taxes
