1183 AKRON ST
AURORA, CO 80010
$610,000
5 Beds
4 Baths
2,263 Sq Ft
Status Active
MLS# 8641652
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!
Details for 1183 AKRON ST
Built in 1955
$270 / Sq Ft
4 parking spaces
None
Forced Air
28 Days on website
0.22 acres lot