Ignite FB Tracking Pixel1183-1193 Akron Street, Aurora, CO 80010 - Wallie and Cyndy Weld of the Weld Team
Broker's Guild Real Estate
Wallie and Cyndy Weld of the Weld Team, Broker's Guild Real EstatePhone: (720) 629-3483
Email: [email protected]
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listing
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Single FamilyFor Sale
$1,219,500
1183-1193 Akron Street
Aurora, CO 80010
Listed by: MODestate, 303-250-5090
MLS: REcolorado
4,393Sq Ft
Est. Mortgage
$6,395/mo

Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! These are two fully occupied cash-flowing 4plexes for $610k each that are right next to each other. One building has one 2bed/1bath & three 1bed/1 bath units and the other 4plex has four 1bed/1bath units with a common area laundry for potential additional laundry income. Here's where the value-add comes into play: currently rents are averaging about $850 in the Denver metro which is unheard of. Market rents exceed $1100-1200/month for 1-bedroom and $1300-1400/month for the 2-bedroom unit. Will update as year leases expire and are renewed at a higher rate. Conveniently located with strong rental demand, these properties offer steady income potential. Act fast to capitalize on serious value-add potential! Was previously part of a 3 4plex portfolio - 8960 E 12th Ave sold 6/25/24 for $620k - only two 4plexes are remaining!

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Information courtesy of MODestate is subject to verification and is not guaranteed.
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