Homes for sale - 1193 Akron ST, Aurora, CO 80010

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Jerry Downer

[email protected] +1(720) 277-9001

$ 590,000

Est. payment | -/mo

4 Beds

4 Baths

2,130 SqFt

Save

$ 590,000

Est. payment | -/mo

Save

4 Beds

4 Baths

2,130 SqFt

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 value-add 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. Here's where the value-add comes into play: rents were only $3,673 but will be $4,140 by November 1. Three units will be $1,100 and the last unit, currently $840/month, comes due 1/31/25. In current rent-able but dated condition, market rents are $1100-1200/month for 1-bedroom in the area or significantly more if the units were updated. Conveniently located with strong rental demand, these properties offer steady income potential. We have done the work to increase rents for you, 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.

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

"My job is to listen carefully, never make assumptions, and deliver flawlessly on all my commitments! "

+1(720) 277-9001

[email protected]

999 18th St, Denver, CO, 80202, USA

1193 Akron ST Aurora, CO 80010

Jerry Downer

Key Details

Location

Interior

Exterior

Building

Schools

Others

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