Listing Courtesy of:
MODestate
Agency Contact: phillip.bicker@gmail.com,303-250-5090
New opportunity in the Denver Metro ? cash-flowing 4plex with serious upside. Currently the lowest priced 4plex in the Denver area, this four-unit property features four 1 bed / 1 bath units plus a shared laundry area with potential for additional coin-operated income. One unit is intentionally vacant for owner-occupancy or to place a new tenant at market rents. One unit is leased at $1,400/month (2/26-2/27) and two long-term tenants currently at $1,100/month on year leases (ending in Sept & Oct).Clear value-add opportunity with market rents supporting approximately $1,400 per unit. Strong rental demand in the area supports both stability and future growth potential. Whether youre looking to house hack, stabilize at higher rents, or add a solid asset to your portfolio, this property checks the boxes. The neighboring 1-bedroom units at 1183 Akron rent for $1,300 per unit and are in similar condition.Notably, the adjacent 4plex at 1183 Akron sold for $590,000 and 8960 E 12th sold for $620,000, reinforcing value within this cluster of comparable properties.
Listed By
Agency Name: MODestate
Agency Contact: phillip.bicker@gmail.com,303-250-5090
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimated Payment
$ 3,248.84 per month $2,832.30 Principal & Interest $248.83 Property Tax $167.71 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
1193 Akron Street | MLS# 6169633
This multi-family property located at 1193 Akron Street, Aurora, CO 80010 is currently listed for sale with an asking price of $575,000. Akron Street is located within the Adams-Arapahoe 28J school district. Search Aurora real estate on www.thecuttingedgerealtors.com today.