1193 Akron ST Active

Aurora,CO 80010

$ 589000

4 Beds

4 Baths

2130 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

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

Year Built 1955

Annual Tax Amount $3,277

Tax Year 2022

Lot Size 9,583 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity for a currently cash flowing investment property in the Denver Metro! This cash-flowing 4plex has four 1bed/1bath units and a common area laundry for potential additional laundry income. With one unit intentionally left vacant for a potential owner-occupany, the other 3 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,400 a month like the neighboring 4plex that is nearly identical. Conveniently located with strong rental demand, these properties offer steady income potential. 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 this property, 1183 Akron which sold for $590k on 1/31/24, and 8960 E 12th, which sold for $620k on 6/25/24.

Location

State CO

County Arapahoe

Interior

Heating Forced Air

Cooling None

Exterior

Fence None

Roof Type Composition

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Kenton

Middle Schools North

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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