1183 Akron St, Aurora, CO

About 1183 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; 1 two bedroom, 1 bath unit and 3 one bedroom, 1 bath units.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 - Unit 1189 (2 bedroom unit) has an unfinished basement with washer/ dryer hookups - 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).

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