1183 Akron Street
Aurora, CO 80010
- 5 beds
- 4 baths
- 2,263 sqft
- 9,583 sqft lot
- $260 per sqft
- 1955 build
- – on site
Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex for $590k with one 2bed/1bath & three 1bed/1 bath units. The two bedroom unit even has an unfinished basement with separate exterior entrance! Here's where the value-add comes into play: one of the units is currently only renting for $775 and the 2 bedroom is only renting for $880, which is unheard of for a rental in the Denver Metro. These will be renewed prior to 3/31/25 for $1,100 and $1,400+. The other two units have already been renewed at $1,100. 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 before rents increase and the value increases. 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. 1193 Akron Street is also $590k and already has 4 units leased at $1,100 and a common area laundry room with laundry income potential (but no 2nd bedroom unit).
Last checked:
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Last updated Dec 17, 2024
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MLS# 8641652 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1955
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Architectural Style:Contemporary
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Construction Materials:Frame
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Structure Type:Quadruplex
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Roof:Composition
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Basement:true
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Levels:One
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Building Area Total:2941
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Building Area Source:Public Records
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Above Grade Finished Area:2263
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Property Attached:false
Interior
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Laundry Features:Common Area
Room Dimensions
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Living Area:2263
Location
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Directions:Please use GPS
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Latitude:39.73510632
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Longitude:-104.8837939
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:031101301
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Lot Size Area:0.22
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Lot Size Acres:0.22
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Lot Size SqFt:9583.2
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Lot Size Units:Acres
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Exclusions:Tenant's Personal Property
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Fencing:None
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (303) 250-5090
- Office phone:
- (303) 250-5090
Taxes
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Tax Year:2022
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Tax Annual Amount:3277
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Tax Legal Description:LOTS 29-31 & VAC 10 FT OF AKRON ST BLK 12 BROOKLYN EX W 8 FT
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
Heating & Cooling
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Heating:Forced Air
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Kenton
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Elementary School District:Adams-Arapahoe 28J
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Middle Or Junior School:North
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Middle Or Junior School District:Adams-Arapahoe 28J
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High School:Aurora Central
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High School District:Adams-Arapahoe 28J
The Community
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Subdivision Name:Aurora
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Senior Community:false
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Association:false
Parking
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Parking Total:4
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
