1610 Boston St - Apartments FOR SALE


Aurora, CO 80010- North Aurora
$1,080,000 USD
303-512-1167
1610 Boston St, Aurora, CO for Sale
$1,080,000 USD
Apartments - FOR SALE
1/16
null | 6.89% Cap Rate

1610 Boston St
Aurora, CO 80010
North Aurora


HIGHLIGHTS

  • Eight-unit apartment building in Aurora with a balanced unit mix (1 one-bedroom and 7 two-bedrooms).
  • Strong in-place cash flow with value-add potential through interior upgrades or rent optimization.
  • Recent capital improvements including a new roof, boiler repairs, updated bathrooms, and a new security system.
  • Prime location near transit, employment centers, and community amenities in the growing Denver Metro submarket.

OVERVIEW

1610 Boston Street is a two-story, eight-unit apartment building located in Aurora, Colorado, within Adams County. Constructed in 1970, the property features one building with a well-balanced unit mix, offering strong in-place cash flow and future value-add potential. The unit mix consists of one one-bedroom, one-bath unit at approximately 550 square feet, and seven two-bedroom, one-bath units at approximately 700 square feet each. Recent capital improvements include a new roof installed three years ago, recent boiler repairs, several updated bathrooms throughout the property, and a new security system providing enhanced safety for residents. These updates position the asset well for a new owner seeking a stabilized investment with modest upside potential through continued interior upgrades or rent optimization. Located near major transit routes, employment centers, and community amenities, 1610 Boston St presents an attractive multifamily investment in a growing submarket of the Denver Metro area.

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

8

PRICE/UNIT

$135,000

CAP RATE

6.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R-4, Aurora

APN/PARCEL ID

1823-34-3-19-010

ASK ABOUT THIS PROPERTY

William McCauleyUnique Properties, Inc.More Info
303-512-1167

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

William McCauleyUnique Properties, Inc.More Info
303-512-1167

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.