$950,000
Turnkey, high-performing duplex investment in Aurora offered at $1,000,000, delivering immediate cash flow and strong long-term appreciation potential in a rapidly developing submarket. Owned and operated as a successful income property since 2014, this asset demonstrates consistent stability, rent growth, and strong tenant demand. Originally configured as 2BD/1BA units, both sides have been thoughtfully renovated to include fully finished basements and now offer spacious 5BD/2BA layouts-significantly enhancing rental appeal and maximizing income potential. The property generates $2,800/month per unit, totaling $5,600/month ($67,200 annually), with an estimated NOI of ~$57,600 and a ~5.7% cap rate. Both units are secured with longterm leases extending through 2027, providing immediate, stable income. Executed leases are available for full transparency. Operational performance is strong, with documented rent growth from $1,650/unit in 2020 to current levels, and historically low vacancy primarily limited to renovation periods. Expenses remain exceptionally low (~14%), with tenants covering most utilities, handling landscaping and snow removal where permitted, and no HOA. The property is self-managed, minimizing overhead. Major capital improvements have been completed within the past 5 years, including roof, furnaces, water heaters, and sewer line-reducing near-term capital expenditure risk. Ideally located near Stanley Marketplace, parks, dining, and ongoing redevelopment, the property benefits from strong rental demand and continued area growth. A rare opportunity for investors seeking a stabilized, low-maintenance asset with solid in-place returns and long-term upside-well-suited for a 1031 exchange or buy-and-hold strategy.
10
Beds
⋅
4
Baths
⋅
6649077
MLS
⋅
ACTIVE
Status
1717 Clinton St, Aurora
The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.