1193 Akron Street Aurora, CO $ 610,000
1193 Akron Street
$ 610,000
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1193 Akron Street

Aurora, CO, 80010
$ 610,000
Bedrooms4 Baths4.0 Sq 2,130

Monthly Estimate*

$ 4,054

Listed by MODestate
1193 Akron Street, Aurora, CO 80010 - Image 1
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1193 Akron Street, Aurora, CO 80010 - Image 13
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Multi-Family Home for sale in Aurora, CO

for $610,000 with 4 bedrooms and 4 full baths. This 2,130 square foot home was built in 1955 on a lot size of 0.22.

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!

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Multi-Family Active

Price

$ 610,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,277

Style

Contemporary

Lot Size

0.22

Year Built

1955

Town/City

Aurora

County/Region

Arapahoe

MLS | Web ID

4756909

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Closing/DOD
Roof Composition
Garage Spaces 0
Architectural Style Contemporary
Construction Materials Frame
Exclusions Tenants' personal property
Year Built 1955
Tenant Pays Cable TV Electricity Gas Internet Telephone
Levels One
Property SubType Quadplex
Tax Year 2022
Percent Ownership Agent Owner
Gross Income 43200
County Arapahoe
Operating Expense 8640
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Northwestern Aurora
Facing Direction East
Status Active
Directions Please Use GPS
High School Aurora Central
City Aurora
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District Adams-Arapahoe 28J
Lot Size Units Acres
Lot Size Square Feet 9583.2
Carport Spaces 0
Street Name Akron
Listing Terms Cash Conventional
Elementary School Kenton
Tax Annual Amount 3277
Middle/Junior High School North
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Adams-Arapahoe 28J
Elementary School District Adams-Arapahoe 28J
Cap Rate 8
Buyer Agent Compensation Type %
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Exterior
Fencing None
Water Source Public
Total Parking 4
Lot Size Area 0.22
Building Area Total 2130
Street Suffix Street
Lot Size Acres 0.22
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Above Grade Finished Area 2130
Total Bedrooms 4
Total Baths 4
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Internal Only
Street Number 1 1193
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* Excluded Features
List By
Modestate

Broker

(303) 250-5090

Phone

Affordability Calculator

$4,327
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,054
Monthly Property Taxes
$273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1108040 Elementary School
3043364 Middle School
Aurora Central High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$610,000 Listed Price

Map


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1193 Akron Street, Aurora, CO, 80010 is a Multi-Family Home for sale at $610,000 with 2,130 sqft and a lot size of 0.22. 1193 Akron Street has 4 bedrooms, 4.0 baths, and was built in 1955. The property's zip code is 80010 which is in Aurora, CO