$610,000
Active
24 Days Online
5 Beds4 Baths2,263 SQFT
Active

1183 Akron Street Aurora, CO 80010

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Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! These are two fully occupied cash-flowing 4plexes for $610k each that are right next to each other. One building has one 2bed/1bath & three 1bed/1 bath units and the other 4plex has four 1bed/1bath units with a common area laundry for potential additional laundry income. Here's where the value-add comes into play: currently rents are averaging about $850 in the Denver metro which is unheard of. Market rents exceed $1100-1200/month for 1-bedroom and $1300-1400/month for the 2-bedroom unit. Will update as year leases expire and are renewed at a higher rate. Conveniently located with strong rental demand, these properties offer steady income potential. Must purchase both properties: 1183 Akron St & 1193 Akron St. Act fast to capitalize on serious value-add potential!

  • Property TypeMulti-Family
  • NeighborhoodNorthwestern Aurora
  • CountyArapahoe
  • Taxes$3,277
  • HOA/Condo/Coop Fees$0
  • Days on Site23 Days
  • MLS StatusActive
  • MLS ID Number8641652
  • Home Size Source Public Records
  • Year Built1955
  • Lot Size0.22 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Contemporary
  • Construction Frame
  • Parking Spaces 4
  • Sewer Public Sewer
  • Basement CellarPartial
  • Number of Stories 1
  • Acreage 0.22
  • Water Public
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Property Sub Type Quadruplex
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling None
  • Heating Forced Air
  • Laundry Features Common Area
  • Fireplace No

Exterior Features

  • Roof Composition
  • Fencing None
  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

Schools

School District
Adams-Arapahoe 28J
Elementary School
Kenton
Middle School
North
High School
Aurora Central

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Monthly Payment (Est.)

$3,243
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