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
Agent Name: Chris Culp
Agent Phone: (719) 600-7987
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 3,248.84 per month $2,832.30 Principal & Interest $248.83 Property Tax $167.71 Homeowner's Insurance
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.anchorgrouphomes.com today.