Listing Courtesy of: Phillip Bicker - Modestate
303-250-5090
$590,000
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1193 Akron Street Aurora, CO 80010
Cluster
Residence
4
Beds
4
Baths
2,130
Sq. Ft.
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Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! We now have two fully occupied cash-flowing 4plexes for $590k 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 uni...ts with a common area laundry for potential additional laundry income. Here's where the value-add comes into play: rents were averaging $850/unit. We have replaced one unit at $1,100 and have two more that will be replaced by 10/31 at $1,100 with current tenants. Market rents are $1100-1200/month++ for 1-bedroom in the area. Conveniently located with strong rental demand, these properties offer steady income potential. Now willing to selling buildings individually. Act fast to capitalize on serious value-add potential - 8960 E 12th already sold for $620k on 6/25/24.
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MLS#
4756909
Property Type
Cluster
Status
Bedrooms
4
Bathrooms
Year Built
1955
Square Feet
2,130
sq. ft
Stories
1.0
Sewer
Public Sewer
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