1193 Akron Street

Aurora, CO 80220

$590,000
Price
4
Beds
4
Baths
2,130 Sq. Ft.
$277 / Sq. Ft.
2,130
Sq. Ft.
$277
per Sq. Ft.

Description

Rare 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. All 4 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,300+ a month. Conveniently located with strong rental demand, these properties offer steady income potential. It took us 4 months to bring rents...Rare 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. All 4 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,300+ a month. Conveniently located with strong rental demand, these properties offer steady income potential. It took us 4 months to bring rents up to their current level (while the property was listed) and 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. 1183 Akron is also still available - it has one extra bedroom but two of the rents are still low until 3/31/25.
  1. Listed by Phillip Bicker • MODestate • 303-250-5090
  2. Listed by Calvin Lennberg • MODestate

Property Details for 1193 Akron Street

Structure Type
Quadruplex
Architectural Style
Contemporary
Levels
One
Stories
1
Subdivision Name
Aurora
Association
No
Basement
No
LISTING UPDATED: 12/17/2024 09:43 AM

Property Details for 1193 Akron Street

StatusActive
MLS #4756909
Days on Compass223
Taxes$3,277 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.22 AC / 9,583 SF
CountyArapahoe County

Building Information for 1193 Akron Street

Stories-Residences-Year Built1955Building Size-Lot Size0.22 AC / 9,583 SF

Property Information for 1193 Akron Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2130
  • Sqft Total: 2130
  • Living Area (SqFt Finished): 2130
  • Above Grade Finished Area: 2130
  • Living SqFt: 2130
  • Area Source: Public Records
  • PSF Total: 277
  • PSF Above Grade: 277
  • PSF Finished: 277
  • Master on Main: No
  • Direction Faces: East
  • Heating: Forced Air
  • Cooling: None
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 4
  • Unit Average Rent: $900.00
  • Unit Average Sq Ft: 533
  • Beds Total: 1
  • Baths Total: 1
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-4
  • Parking Details: 4
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 4
  • Parking Count: 4
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Rentals Allowed: Long Term
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Kenton
  • Elementary School District: Adams-Arapahoe 28J
  • Middle Or Junior School: North
  • Middle Or Junior School District: Adams-Arapahoe 28J
  • High School: Aurora Central
  • High School District: Adams-Arapahoe 28J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 9583
  • Fencing: None
  • Property Exclusions: Tenants' personal property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame
  • Roof: Composition
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: Separate Meter Electricity

Property History for 1193 Akron Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1193 Akron Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,896 ($241 / month)
Home Facts
Total Finished SqFt2,130 SqFtAbove Grade Finished SqFt2,130 SqFtStories1Lot Size9,627 SqFtStyleMulti-Family Res (5+ Units)Year Built1955CountyARAPAHOEAPN1973-03-2-24-011

Schools near 1193 Akron Street

This home is within Adams-Arapahoe 28j School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 12
Charter - K to 8
Charter - K to 8
Rating
School
Distance
Boston p-8 School
PublicPK to 8

Aurora Central High School
PublicPK to 12

Vanguard Classical School
CharterK to 8

Aurora Academy Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1193 Akron Street is a multi-family home for sale in Aurora, CO 80220. This property was listed for sale on May 13, 2024 by MODestate, it's currently listed at $590,000. It has been on the market for a total of 223 days and was last sold on April 30, 2024. This listing's school district is Adams-Arapahoe 28j School District. Nearby schools include Boston p-8 School, Aurora Central High School and Vanguard Classical School. 1193 Akron Street is a 4-bed, 4-bath, 2,130 sqft multi-family home built in 1955.

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Listing Courtesy of MODestate, Phillip Bicker; MODestate, Calvin Lennberg

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.