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
- Sewer InformationCity Sewer, Public Sewer
- Property SubtypeIncome Property
- High SchoolAurora Central
- Property TypeMulti-Family
- Utility SourceCity Water
- CountyArapahoe
- MLS #4756909
- MLS #4756909
- SubdivisionAurora
- Elementary SchoolKenton
- Cost590000
- Middle SchoolNorth
- Acres0.22
- Square Feet2130
- Year Built1955
- Bedrooms4
- Parking Spaces4
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Phillip Bicker (#55037578), Phone: (303) 250-5090
Listing Office: MODestate (#WSTPK)
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.