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Colin Whitenack

[email protected] +1(303) 912-5394

$ 590,000

Est. payment -/mo

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Active

1193 Akron ST Aurora, CO 80010

4 Beds

4 Baths

2,130 SqFt

UPDATED:

10/29/2024 12:27 AM

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

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

Story One

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

Listed by MODestate • 303-250-5090

Colin Whitenack

+1(303) 912-5394

Colin Whitenack

1193 Akron ST Aurora, CO 80010

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1193 Akron ST