1183-1193 Akron Street 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
- NeighborhoodN/A
- CountyArapahoe
- Taxes$10,000
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number6566852
- Home Size Source N/A
- Year Built1955
- Lot Size0.6 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Contemporary
- Construction Frame
- Parking Spaces 12
- Sewer Public Sewer
- Acreage 0.6
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Fireplace No
Exterior Features
- Roof Composition
- Spa No
- Waterfront Property No