MLS® ID: 8235375
1649 Florence Street
Aurora, Colorado, 80010 $450,000
Genuinely rare opportunity to own a large duplex in the Colfax corridor which has the potential for a multitude of uses. It is currently being used as a residential duplex, but zoning allows for office space, live/work, and a multitude of other uses. The new owner could continue to use it for residential tenants, or convert it to commercial or office space, live in one and rent the other or convert it to a single family property. The building currently has new one year leases of $1850 and $1800 for the two units. There's plenty of opportunity to improve the property, but it is ready to use and the level of cash flow is rare. The square footage is quite large for a duplex in the area. Depending on the chosen floorplan, one bedroom in the back unit may be non-conforming. Listing Broker is a part owner, and a licensed real estate broker in the State of Colorado. Do not disturb tenants. No showings without a contract.