1193 Akron ST Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80010
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,130 sqft
Price per Sqft $276
Subdivision Aurora
MLS Listing ID 4756909
Style Contemporary
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,130
Originating Board recolorado
Year Built 1955
Annual Tax Amount $3,277
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
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
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Fence None
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Kenton
Middle Schools North
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None