About 1193 Akron St
** UNIQUE INVESTMENT OPPORTUNITY TO PURCHASE 1 QUADRAPLEX OR ALL 3 THAT ARE SIDE BY SIDE!!** 1183 Akron St, 1193 Akron St, 8960 E 12th Ave. This property offers four separate units; each featuring 1 bedroom and 1 bathroom, ideal for long-term tenants seeking comfortable living spaces. This building also has a laundry room at the end of it with exterior access. This is an awesome opportunity for a newer investor, or a seasoned investor looking to build their portfolio! Key features of this property include: - Newer roof - Sewer lines just cleaned - Convenient laundry room located on the premises for tenant use. - Ample parking available at the rear of the units and plenty of street parking, providing hassle-free accommodation for residents. Currently, all units are fully leased to long-term tenants, offering immediate income generation for the savvy investor. Additionally, there is significant potential for future appreciation, with a 53-unit townhome development underway just a couple of blocks away, promising increased property values in the near future. This presents a unique opportunity for investors interested in purchasing either a single quadraplex or all three adjacent units, with the potential for a SUBSTANTIAL discount for those acquiring multiple properties. All units are priced below market value, making this an attractive proposition for investors seeking value and growth. Currently units are leased below market value as the seller has not increased rent in years and most tenants have been there for many years (and would like to continue to do so).
Features of 1193 Akron St
MLS® # | 4149353 |
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Price | $625,000 |
Bedrooms | 4 |
Bathrooms | 4.00 |
Full Baths | 4 |
Square Footage | 2,130 |
Acres | 0.22 |
Year Built | 1955 |
Type | Attached Dwelling |
Sub-Type | Attached Dwelling |
Style | Ranch |
Status | Pending |
Community Information
Address | 1193 Akron St |
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Area | Aurora |
Subdivision | Old Aurora |
City | Aurora |
County | Arapahoe |
State | CO |
Zip Code | 80010 |
Amenities
Utilities | Electricity Available |
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# of Garages | 3 |
Garages | Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dishwasher, Refrigerator, Washer, Dryer, Disposal |
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Heating | Wall Furnace |
Cooling | Central Air, Ceiling Fan(s) |
Fireplace | No |
Fireplaces | None |
# of Stories | 1 |
Stories | One |
Exterior
Roof | Composition |
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Construction | Brick/Brick Veneer, Stucco, Wood Siding |
School Information
District | Adams-Arapahoe 28J |
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Elementary | Boston K-8 |
Middle | Boston K-8 |
High | Aurora Central |
Additional Information
Days on Market | 11 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Audri Marrs |
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Office | Marrs Realty and Management |
Contact Info | audri@marrsrealtymgmt.com,720-291-9004 |