14046 22nd Pl Aurora, CO 80011

Listing details for 14046 22nd Pl, Aurora, CO 80011 : This offering presents a rare opportunity to acquire a well-maintained triplex in Aurora featuring large, townhome-style units that provide a highly desirable layout for tenants. Each unit offers significantly more square footage than typical multifamily product in the area, creating a competitive advantage in both tenant appeal and long-term rent growth. The property has undergone extensive capital improvements, significantly reducing deferred maintenance and future ownership risk. In 2022, all cast iron plumbing was fully removed and replaced with modern PVC, including new underground sewer lines from the foundation to the main connection, effectively eliminating one of the most common and costly structural concerns. That same year, a new high-grade metal roofing system was installed, offering superior durability, long-term performance, and the potential for reduced insurance costs. Additional exterior upgrades include a newly poured concrete parking lot and wrap-around walkway completed in 2025, improving access, drainage, and overall curb appeal. Each unit is equipped with mini-split systems for efficient heating and cooling. One unit features a fully finished basement, allowing for a functional third bedroom and increased rental income potential. The remaining two units offer similar basement layouts that can be finished with minimal investment, presenting a clear and executable value-add opportunity. With its oversized floor plans, major system upgrades, and additional upside through basement conversions, this asset offers a compelling combination of stability, reduced capital risk, and future income growth. All leases are currently month-to-month.