Aurora, CO 80010 1193 Akron St
$589,000
9 more
Presented By: MODestate; 303-250-5090
Beds • 4
Baths • 4
SQFT • 2,130
Garage • 4
Home Details
Rare opportunity for a currently cash flowing investment property in the Denver Metro! This cash-flowing 4plex has four 1bed/1bath units and a common area laundry for potential additional laundry income. With one unit intentionally left vacant for a potential owner-occupany, the other 3 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,400 a month like the neighboring 4plex that is nearly identical. Conveniently located with strong rental demand, these properties offer steady income potential. 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 this property, 1183 Akron which sold for $590k on 1/31/24, and 8960 E 12th, which sold for $620k on 6/25/24.
Presented By: MODestate; 303-250-5090
Interior Features for 1193 Akron St
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2130
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 1193 Akron St
Architectural StyleContemporary/Modern, Ranch
Attached Garage No
Cap Rate7.5
CityAurora
Construction MaterialsWood/Frame
CountyArapahoe
DirectionsPlease Use GPS
ElectricSeparate Meter Electricity
Elementary SchoolKenton
ExclusionsTenants' personal property
Facing DirectionEast
Garage Spaces4
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Gross Income52800
HOANo
HeatingForced Air
High SchoolAurora Central
High School DistrictAdams-Arapahoe 28J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet9583
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolNorth
Net Operating Income44160
New ConstructionNo
Number Of Units Total4
Operating Expense8640
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameAurora
Tax Annual Amount3277
Tax Year2022
Tenant PaysGas, Electricity
Year Built1955
Exterior for 1193 Akron St
Building Area Total2130
Covered Spaces4
Horse Y/NNo
Lot Size Acres0.22
Lot Size Area9583
SpaNo
Water SourceCity Water
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Aurora Central High School
Middle School
North Middle School
Elementary School
Kenton Elementary School
