Property Description

Exceptional investment opportunity in a high-demand Aurora location! This versatile income-producing property offers 3,024 sq ft with stable cash flow and immediate value-add potential. The building features long-term, reliable tenants who have occupied the property for 5+ years. With rents currently below market value, there is substantial upside potential to adjust rates to market levels and significantly boost your cap rate and overall return on investment. A standout feature of this property is the expansive basement with two separate entryways, allowing you to convert it into two fully separate, independent units for additional rental streams. Units are separately metered for gas and electric. Ideally situated near public transit, major thoroughfares, and central Aurora corridors. Whether you are looking to hold for long-term cash flow or execute a value-add strategy, 1612 Alton St delivers unmatched potential. Showings by appointment only?do not disturb tenants. Property being sold as-is. Sellers are aware of the siding condition, which reflects the propertys current price. Sellers have a quote for siding repairs upon request. The home does need some TLC

Property Features

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