Aurora Homes with Finished Basement

Aurora Homes with Finished Basement

Welcome to Aurora, Colorado—a vibrant city that seamlessly blends suburban tranquility with urban convenience. Nestled just east of Denver, Aurora boasts a rich tapestry of cultural diversity, recreational opportunities, and a strong sense of community. Whether you’re drawn to the scenic beauty of the Rocky Mountains or the bustling atmosphere of local shops and restaurants, Aurora has something for everyone.

One of the standout features of homes in this area is the abundance of properties with finished basements. These versatile spaces offer endless possibilities, from cozy family rooms and home theaters to guest suites or dedicated home offices. Imagine hosting movie nights or creating a personal gym in your very own finished basement—perfect for both relaxation and productivity!

Aurora's neighborhoods are known for their welcoming ambiance, with tree-lined streets and well-maintained parks that invite outdoor activities and community gatherings. Families will appreciate the top-rated schools and numerous recreational facilities, including the expansive Cherry Creek State Park, where you can enjoy hiking, biking, and picnicking in nature.

With a diverse array of homes available, many featuring those sought-after finished basements, Aurora is an ideal place for first-time buyers, growing families, and anyone looking to settle in a thriving community. Explore the charm of Aurora, where your dream home awaits, complete with the extra space you need to live life to the fullest!

Newest Aurora Homes with Finished Basement

$900,000
10 Beds 4 Baths 6649077 MLS
Turnkey, high-performing duplex investment in Aurora offered at $1,000,000, delivering immediate cash flow and strong long-term appreciation potential in a rapidly developing submarket. Owned and operated as a successful income property since 2014, this asset demonstrates consistent stability, rent growth, and strong tenant demand. Originally configured as 2BD/1BA units, both sides have been thoughtfully renovated to include fully finished basements and now offer spacious 5BD/2BA layouts—significantly enhancing rental appeal and maximizing income potential. The property generates $2,800/month per unit, totaling $5,600/month ($67,200 annually), with an estimated NOI of ~$57,600 and a ~5.7% cap rate. Both units are secured with longterm leases extending through 2027, providing immediate, stable income. Executed leases are available for full transparency. Operational performance is strong, with documented rent growth from $1,650/unit in 2020 to current levels, and historically low vacancy primarily limited to renovation periods. Expenses remain exceptionally low (~14%), with tenants covering most utilities, handling landscaping and snow removal where permitted, and no HOA. The property is self-managed, minimizing overhead. Major capital improvements have been completed within the past 5 years, including roof, furnaces, water heaters, and sewer line—reducing near-term capital expenditure risk. Ideally located near Stanley Marketplace, parks, dining, and ongoing redevelopment, the property benefits from strong rental demand and continued area growth. A rare opportunity for investors seeking a stabilized, low-maintenance asset with solid in-place returns and long-term upside—well-suited for a 1031 exchange or buy-and-hold strategy.

1717 Clinton Street, Aurora

Courtesy of Compass - Denver . sia.khorshidian@compass.com,303-908-7243

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