Akron, CO 80720 351 E 2nd St
$265,000
15 more
Presented By: CENTURY 21 Cornerstone; 9708422444
Beds • 5
Baths • 5
SQFT • 2,460
Home Details
This professionally managed 5-plex is a turnkey addition to any portfolio. Each of the five units features a 1-bedroom, 1-bathroom layout with recent upgrades that ensure low maintenance and long-term value. Improvements include a brand-new roof, updated electrical with individual meters, new furnaces, fresh exterior and interior paint, new windows, updated flooring, and charming front decks. A newly added common laundry room enhances tenant convenience, while two additional rooms offer valuable storage or potential expansion-convert one unit into a spacious 2-bedroom! With strong rental appeal and modern updates throughout, this income-producing property is ready to generate returns from day one.
Presented By: CENTURY 21 Cornerstone; 9708422444
Interior Features for 351 E 2nd St
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementPartial, Partially Finished
Fireplace Y/NNo
Heating Y/NYes
General for 351 E 2nd St
AppliancesWasher, Dryer, All Appliances
Architectural StyleRanch
Attached Garage No
Cap Rate-0.81
CityAkron
Construction MaterialsWood/Frame
CountyWashington
ElectricElectric, YW Electric
Elementary SchoolAkron
ExclusionsAll tenants personal property
Facing DirectionSouth
Garage Y/NNo
Gas Y/NNatural Gas, YW Electric
Gross Income3175
HOANo
Heating2 or more Heat Sources, Wall Furnace
High SchoolAkron
High School DistrictAkron R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet3920
Lot Size UnitsSquare Feet
MLS AreaWashington
Middle/Junior High SchoolAkron
Net Operating Income-2151
New ConstructionNo
Number Of Units Total5
Operating Expense5326
Patio/Porch FeaturesDeck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameAk 1st Add
Tax Annual Amount128
Tax Year2024
Tenant PaysElectricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Year Built1955
ZoningRES
Exterior for 351 E 2nd St
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Level, Within City Limits
Lot Size Acres0.09
Lot Size Area3920
Other ParkingParking Per Unit(Less Than 1)
Parking FeaturesAlley Access
Road Frontage TypeCity Street, Alley
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, Town of Akron
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Akron Elementary School
High School
Akron High School
Middle School
Akron Middle School
