1193 Akron St Aurora, CO 80010
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 Site28 Days
- MLS StatusActive
- MLS ID Number4756909
- Home Size Source Assessor
- Year Built1955
- Lot Size0.22 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Contemporary/ ModernRanchContemporary/Modern
- Sewer Public Sewer
- Number of Stories 1
- Acreage 0.22
- Property Sub Type Multi Family
- Garage Spaces 4
- Attached Garage No
- Direction Faces East
- Garage Off Street
- Construction Wood/Frame
- Tenant Pays GasElectricity
- Buyer Agent Compensation 2.50 %
Interior Features
- Heating Forced Air
Exterior Features
- Roof Composition
- Waterfront Property No
- Waterfront No
Community Features
- Senior Community No
- MLS Area Metro Denver