1193 Akron Street
1193 Akron Street
$610,000
4
4
2,130
2,130
$286
Description
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...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!
- Listed by Phillip Bicker • MODestate • 303-250-5090
- Listed by Calvin Lennberg • MODestate
Property Details for 1193 Akron Street
Structure Type
Quadruplex
Architectural StyleContemporary
LevelsOne
Stories1
Subdivision NameNorthwestern Aurora
AssociationNo
BasementNo
Location
LISTING UPDATED: 06/07/2024 02:31 PM
Property Details for 1193 Akron Street
Status | Active |
---|---|
MLS # | 4756909 |
Days on Compass | 33 |
Taxes | $3,277 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.22 AC / 9,583 SF |
County | Arapahoe County |
Location
Building Information for 1193 Akron Street
Stories-Residences-Year Built1955Building Size-Lot Size0.22 AC / 9,583 SF
Payment Calculator
$3,602 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1193 Akron Street
Property History for 1193 Akron Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1193 Akron Street
Taxable ValueLand-Additions-Total-
Tax Record2021$3,458 ($288 / month)
Home Facts
Total Finished SqFt2,130 SqFtAbove Grade Finished SqFt2,130 SqFtStories1Lot Size9,627 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyARAPAHOEAPN1973-03-2-24-011
Schools near 1193 Akron Street
This home is within Adams-Arapahoe 28j School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Boston p-8 School PublicPK to 8 | ||
Aurora Central High School Public9 to 12 | ||
Vanguard Classical School CharterK to 8 | ||
Aurora Academy Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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