Strong investment opportunity with an estimated current cap rate of approximately 6.25%, with the potential to reach up to approximately an 8% cap rate if rents are adjusted closer to comparable area rents.
Side-by-side brick duplex in desirable Aurora Hills offering flexibility for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom on the main level, along with a spacious living area and functional kitchen layout.
The finished basements in both units include an additional large living space, a conforming bedroom, and a second bathroom. Basement bathrooms have been recently remodeled, adding comfort and value. Each side also enjoys a private, fenced yard and a spacious patio, ideal for outdoor living.
The basement layouts offer strong potential for separate living areas or future lock-off configurations, with the opportunity to create more distinct units by enclosing the utility spaces.
Tenant occupied - must give 24 hour notice.
3,226 Sq Ft
7,405.2 Sq Ft Lot Size
other
$503 Monthly Tax
Built in 1965
MLS/Listing ID 4903320
Private Yard
Construction - Brick
Construction - Frame
Dishwasher
Disposal
Dryer
Microwave
Oven
Refrigerator
Washer
Public Water
Public Sewer
Composition
Covered
Front Porch
In Unit Laundry
Heating - Forced Air
Heating - Natural Gas
Slab
Laminate
Partial
TOTAL MONTHLY COST
$0
$0
$0