Ignite FB Tracking Pixel1193 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
$590,000
1193 Akron Street
Aurora, CO 80010
Listed by: MODestate, 303-250-5090
MLS: REcolorado
4Beds
4Baths
2,130Sq Ft
Est. Mortgage
$3,145/mo

Rare value-add opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex with four 1bed/1bath units and a common area laundry for potential additional laundry income. Here's where the value-add comes into play: rents were only $3,673 but will be $4,140 by November 1. Three units will be $1,100 and the last unit, currently $840/month, comes due 1/31/25. In current rent-able but dated condition, market rents are $1100-1200/month for 1-bedroom in the area or significantly more if the units were updated. Conveniently located with strong rental demand, these properties offer steady income potential. We have done the work to increase rents for you, now is the time to act to get a cash-flowing 4plex for a low price. 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.

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