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Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,130 sqft
Price per Sqft $291
Subdivision Northwestern Aurora
MLS Listing ID 5630797
Sold Date 06/25/24
Style Contemporary
Bedrooms 5
HOA Y/N No
Originating Board recolorado
Year Built 1955
Annual Tax Amount $3,277
Tax Year 2022
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
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Fence Partial
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Kenton
Middle Schools North
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Your Castle Real Estate Inc
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