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    1634 Boston St Denver, CO 80010

    For Sale
    $825,000

    Six-unit apartment building near Anschutz Medical Campus, income opportunity.

    Lot size:
    0.14 Acres

    Property Features for 1634 Boston St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1961

    Source: Real Broker, LLC DBA Real Agent Steven Pilkington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Aurora Six-Plex Near Anschutz Campus

    This six-plex is located at 1634 Boston St in Aurora, CO, and presents an income opportunity. It is situated minutes from the Anschutz Medical Campus and Children's Hospital. Currently, four out of the six units are under lease, yielding a Net Cap Rate of 4.32%, with a Net ProForma estimate of 13.13%. All units feature a 2-bed/1-bath layout, with rents ranging from $1,700 to $1,750. Rents include water and gas, while tenants are billed back for trash collection, electric, and internet/TV. The property is within walking distance of several parks, including Montview Park to the North and Aurora City Park to the East. Entertainment options are available at the Stanley Marketplace, including the Denver Biscuit Company, Logan Coffee House, and the Stanley Beer Hall, along with local boutiques just North of the building. Seller financing may be available with a 12-month term, 75% financing, 9.75% rate, interest only, and a 1.00% origination fee.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.8795861
    Latitude
    39.7427133

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building near Anschutz Medical Campus, income opportunity.
    Where is this apartment building located?
    The property is located at 1634 Boston St Denver, CO.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - High potential income opportunity with an impressive Net ProForma Cap Rate of 13.13%.; - Four out of six units are currently leased, providing immediate income.; - Prime location minutes from Anschutz Medical Campus and Children's Hospital.
    (303) 587-0402
    Request Owner's contact information
    1634 Boston St Denver, CO 80010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1634 Boston St Denver, CO 80010
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