YACOVETTA SUB Real Estate

YACOVETTA SUB Real Estate

Welcome to Yacovetta Subdivision, a hidden gem nestled in the heart of Aurora, Colorado. This charming neighborhood is part of Arapahoe County and offers a delightful blend of suburban tranquility and urban convenience. With its tree-lined streets and friendly atmosphere, Yacovetta Sub is perfect for families, young professionals, and retirees alike.

One of the standout features of Yacovetta Sub is its prime location. Residents enjoy easy access to major highways, making commutes to Denver and surrounding areas a breeze. The neighborhood is also just a stone's throw away from an array of shopping, dining, and entertainment options. Whether you’re in the mood for a cozy café or an upscale restaurant, you’ll find it all nearby.

Families will appreciate the top-rated schools that serve this area, providing quality education and a supportive community for children of all ages. Parks and recreational facilities are abundant, offering playgrounds, sports fields, and walking trails that encourage an active outdoor lifestyle. The nearby Cherry Creek State Park is a perfect spot for picnics, hiking, and enjoying nature.

Yacovetta Sub is not just a place to live; it’s a community where neighbors become friends. With regular neighborhood events, you’ll have the opportunity to connect with fellow residents and create lasting memories. If you’re looking for a welcoming, vibrant community in Aurora, Yacovetta Subdivision might just be the perfect place to call home. Come explore the charm and convenience of this wonderful neighborhood today!

Newest Listings in YACOVETTA SUB

$995,000
6 Baths 1519634 MLS
Great cash flow property with excellent up side income potential. Rare six unit building that backs to a nice park in a predominately single family home neighborhood. Five of the units have enclosed private back yards and there are several garage/storage units on the property. Four of the six units have been rented by the same tenant since before the building was last sold approximately sixteen years ago, and the other two units have each been rented by the same tenants for approximately ten years, providing an extremely consistent revenue base. Property consists of a stand alone 1 bedroom alley house, 2 two bedroom units, and 3 four bedroom (some bedrooms may be non-conforming) multi bath units. Based on the current rents and 2025 actual insurance, RE taxes, and utility costs, the units are projected to currently produce $91,100 in net cash flow before maintenance/debt costs. Current owner believes that there is a significant opportunity to increase the current rent rates in the units’ current condition, and a much more meaningful opportunity to increase the overall rents and cash flow by updating each unit. Three of the units have separate entrances to the basement with potential to make separate additional apartments subject to zoning laws which Seller has not explored. Each of the units would benefit by updating, some significantly. The property is being sold as is in its current condition, although as noted below, Seller can provide financing to include financing updating costs. Seller is willing to finance 80% of the purchase price and 70% of approved updating costs for a qualified and approved buyer for up to nine months to allow a new buyer to potentially update units and improve the operating income before obtaining permanent financing. Asking price is for the property as is without any additional improvements or concessions paid for by the Seller. Please allow 7 days for acceptance.

728 Emporia Street, Aurora

Courtesy of Colorado Realty Resource . dlweber1@aol.com,303-726-6480

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