1193 Akron Street
Aurora, CO 80010
2130 sqft | 4 beds | 0.22 acres | #4756909
Description
Rare opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex with four 1bed/1bath units and a common area laundry for potential additional laundry income. All 4 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,300+ a month. Conveniently located with strong rental demand, these properties offer steady income potential. It took us 4 months to bring rents up to their current level (while the property was listed) and now is the time to act to get a cash-flowing 4plex for a low price. We originally had 3 side-by-side 4plexes with 1183 Akron, 1193 Akron, and 8960 E 12th, which already sold for $620k on 6/25/24. 1183 Akron is also still available - it has one extra bedroom but two of the rents are still low until 3/31/25.
Property Details
- School DistrictAdams-Arapahoe 28J
- High SchoolAurora Central
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Structure TypeQuadruplex
- CountyArapahoe
- Original List Price$610,000
- Property SubtypeQuadplex
- MLS #4756909
- MLS #4756909
- Utility SourcePublic
- SubdivisionAurora
- Elementary SchoolKenton
- Taxes Annual$3,277
- Cost590000
- Middle SchoolNorth
- Acres0.22
- Square Feet2130
- Year Built1955
- Bedrooms4
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Phillip Bicker (#REC55037578)
Listing Office: MODestate (#RECWSTPK)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
