About 1193 Akron Street
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.
Features of 1193 Akron Street
| MLS® # | 4756909 |
|---|---|
| Price | $590,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,130 |
| Acres | 0.22 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Quadplex |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1193 Akron Street |
|---|---|
| Subdivision | Aurora |
| City | Aurora |
| County | Arapahoe |
| State | CO |
| Zip Code | 80010 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | One |
Exterior
| Roof | Composition |
|---|
School Information
| District | Adams-Arapahoe 28J |
|---|---|
| Elementary | Kenton |
| Middle | North |
| High | Aurora Central |
Additional Information
| Date Listed | May 13th, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | MODestate |
|---|---|
| Contact Info | 303-250-5090 |