$620,000
$610,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,130 SqFt
SOLD DATE : 06/25/2024
Key Details
Sold Price $620,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,130 sqft
Subdivision Northwestern Aurora
MLS Listing ID 5630797
Sold Date 06/25/24
Style Contemporary/Modern,Ranch
Bedrooms 5
HOA Y/N false
Abv Grd Liv Area 2,130
Originating Board REcolorado
Year Built 1955
Annual Tax Amount $3,277
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Investor's Dream in Denver Metro! Rare opportunity to own a cash-flowing 4plex well under $700k, comprising of three 1-bed, 1-bath units and one 2-bed, 1-bath unit. Currently below market rents that exceed $1250/month for 1-bedroom and $1600/month for 2-bedroom units. Conveniently located with strong rental demand, this property offers steady income potential. Purchase individually or as part of a portfolio of three consecutive 4plexes: 1183 Akron St, 1193 Akron St, and 8960 E 12th Ave. Property is priced under market value due to sub-market rents, will need to act fast to capitalize on serious value-add potential!
Location
State CO
County Arapahoe
Area Metro Denver
Direction Please use gps
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Fence Partial
Roof Type Composition
Building
Faces East
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Kenton
Middle Schools North
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Other Owner
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