12638 E Kansas Pl, Aurora, CO 80012

$1,600,000
18
BD
12
BA
6,500
SqFt

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List Price
$1,600,000
Status
ACTIVE
MLS#
4360997
Year Built
1976
Bedrooms
18
Bathrooms
12
Living Area
6,500
Region
Metro Denver
Subdivision
Several

Property Description

6 TOWNHOUSES. $1.6M. 6.9% CAP RATE. All six are currently tenant occuppied 3-bedroom townhouses producing strong income with clear individual resale upside later. Buy at portfolio pricing, hold for cash flow while the market improves, then renovate and sell units one by one as leases expire-or simply continue holding for yield. The opportunity is simple: cash flow now, then fix & flip as tenants move out. Cosmetic upgrades could materially improve the individual sale price point without requiring major redevelopment. Collect income, improve selectively, and exit each unit when the timing makes sense.

Additional Information

Taxes
$10,800
School District
Adams-Arapahoe 28J
Elementary School
Virginia Court
Middle School
Aurora Hills
High School
Gateway
Heating
Forced Air
Cooling
Central Air
Garage Spaces
2

Listing courtesy of Matthew Collins.

Matt@DenverRealtyGuru.com,720-266-8040

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