1193 Akron St Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80010
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 2,130 sqft
Price per Sqft $276
Subdivision Aurora
MLS Listing ID 4756909
Style Contemporary/Modern,Ranch
Bedrooms 4
Year Built 1955
Annual Tax Amount $3,277
Lot Size 9,583 Sqft
Property 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.
Location
State CO
County Arapahoe
Area Metro Denver
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Waterfront false
Roof Type Composition
Building
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Kenton
Middle Schools North
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Special Listing Condition Other Owner