2051 Fulton St
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2051 Fulton St
4 Unit Apartment Building $549,000 ($137,250/Unit) 7.42% Cap Rate Aurora, CO 80010
Executive Summary
2051 Fulton in Aurora, CO, is a fully renovated property offering an excellent opportunity for investors to “house-hack.” This property stands out for its unique flexibility, allowing the next investor to live in the main unit, a two-bedroom, one-bathroom space, while renting out the ADU and two additional non-conforming units to generate extra income. Alternatively, the entire property can be rented out to achieve above-market returns. Additionally, the location is fantastic, just blocks from the vibrant Stanley Marketplace, where you can enjoy a
variety of dining, shopping, and entertainment options. This prime location enhances the property’s appeal and potential for high rental demand.
variety of dining, shopping, and entertainment options. This prime location enhances the property’s appeal and potential for high rental demand.
Property Facts Under Contract
Price | $549,000 | Property Subtype | Apartment |
Price Per Unit | $137,250 | Apartment Style | Single Family Home |
Sale Type | Investment | Building Class | C |
Cap Rate | 7.42% | Lot Size | 0.17 AC |
Gross Rent Multiplier | 10.28 | Building Size | 1,924 SF |
No. Units | 4 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1929 |
Price | $549,000 |
Price Per Unit | $137,250 |
Sale Type | Investment |
Cap Rate | 7.42% |
Gross Rent Multiplier | 10.28 |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Single Family Home |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 1,924 SF |
No. Stories | 1 |
Year Built | 1929 |
Unit Amenities
- Air Conditioning
- Heating
- Granite Countertops
- Stainless Steel Appliances
- Yard
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 1 | - | 458 |
2+1 | 2 | - | 650 |
1+1 | 1 | - | 250 |
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Walk Score ®
Very Walkable (80)
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2051 Fulton St
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