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James T. Wanzeck
At RE/MAX Professionals (formerly Masters Millennium), James T. Wanzeck and his team are dedicated to providing superior customer service and 100% cli...
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MODestate
Posted by
REcolorado (Denver)
MODestate
Posted by
REcolorado (Denver)
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1193 Akron Street
Aurora, CO 80010 — Arapahoe County — Aurora NeighborhoodDuplex $590,000 Active Listing# 4756909
4 beds 4 baths 2130.00 sqft Lot size: 9583.20 sqft 0.22 acres 1955 build
Property Description
Rare value-add 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. Here's where the value-add comes into play: rents were only $3,673 but will be $4,140 by November 1. Three units will be $1,100 and the last unit, currently $840/month, comes due 1/31/25. In current rent-able but dated condition, market rents are $1100-1200/month for 1-bedroom in the area or significantly more if the units were updated. Conveniently located with strong rental demand, these properties offer steady income potential. We have done the work to increase rents for you, 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.
Listing Details
- Property Type
- Duplex
- Listing#
- 4756909
- Source
- REcolorado (Denver)
- Last Updated
- 10-01-2024 08:48pm
- Status
- Active
- Off Market Date
- 11-30--0001 12:00am
Property Details
- Property Subtype
- Quadplex
- Sold Price
- $590,000
- Original Price
- $610,000
- Location
- Aurora, CO 80010
- SqFT
- 2130.00
- Year Built
- 1955
- Acres
- 0.22
- Bedrooms
- 4
- Bathrooms
- 4
- Levels
- One
Map
Property Level and Sizes
- SqFt Lot
- 9583.20
- Lot Size
- 0.22
Financial Details
- Previous Year Tax
- 3277.00
- Year Tax
- 2022
- Primary HOA Fees
- 0.00
Interior Details
- Electric
- None
- Cooling
- None
- Heating
- Forced Air
Exterior Details
- Water
- Public
- Sewer
- Public Sewer
Garage & Parking
Exterior Construction
- Roof
- Composition
- Construction Materials
- Frame
- Builder Source
- Public Records
Land Details
- PPA
- 0.00
- Road Responsibility
- Public Maintained Road
- Sewer Fee
- 0.00
Schools
- Elementary School
- Kenton
- Middle School
- North
- High School
- Aurora Central
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