1193 Akron St, Aurora, CO 80010 – 4756909 - Jim Thomas

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Jim Thomas

jim@thomasratay.com +1(720) 317-9621

$590,000

Est. payment - /mo

4 Beds

4 Baths

2,130 SqFt

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UPDATED:

10/29/2024 12:32 AM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,130 sqft

Subdivision Aurora

MLS Listing ID 4756909

Style Contemporary/Modern,Ranch

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 2,130

Originating Board REcolorado

Year Built 1955

Annual Tax Amount $3,277

Lot Size 9,583 Sqft

Acres 0.22

Property Description

Rare opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex with four 1bed/1bath units and a common area laundry for potential additional laundry income. All 4 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,300+ a month. Conveniently located with strong rental demand, these properties offer steady income potential. It took us 4 months to bring rents up to their current level (while the property was listed) and 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 1183 Akron, 1193 Akron, and 8960 E 12th, which already sold for $620k on 6/25/24. 1183 Akron is also still available - it has one extra bedroom but two of the rents are still low until 3/31/25.

Location

State CO

County Arapahoe

Area Metro Denver

Direction Please Use GPS

Interior

Heating Forced Air

Exterior

Garage Spaces 4.0

Waterfront false

Roof Type Composition

Building

Faces East

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Kenton

Middle Schools North

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Other Owner

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Information and Real Estate Services (IRES)

Listed by MODestate • 303-250-5090

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Jim Thomas

+1(720) 317-9621

Principal & Broker Associate | FA100031661

Principal & Broker Associate FA100031661

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