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Listing 5 out of 8
$1,800,000 Active

1129 Akron Street
Aurora, CO 80010

15 beds | Income
7,342 sq ft; lot: 14375 sq ft lot - MLS# 2364299
Property Photo
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Description

Don't miss this opportunity to own this 13 unit in a up and coming area in Aurora. 11 one bedrooms and 2 two bedrooms with a steady rental history. The rentals are at under market value and all but one is month to month. This property has been self managed. There is a laundry on location that is coin operated but only used by one of the owners. Each unit has its own parking space except for one. Most of the apartments pay their own utilities. Perfect time to remodel one unit at a time to bring it up to its true potential. Nice courtyard and newer roof. There are 3 storage spaces on the property. Location is close to Children's Hospital and Anschutz Medical Center as well as easy access to 225, parks and shopping including Stanley Market at Stapleton. All information is based on past records as far as square footage, projected income and some remodeling.

Features

  • Property Type: Income
  • Sub Type: Income
  • Listing Status: Active
  • County/Area: Arapahoe County
  • Zip Code: 80010
  • Year Built: 1957
  • Subdivision/Neighborhood: Brooklyn
  • School District: Adams-Arapahoe 28j
  • Elementary School: Aurora Academy Charter School
  • Middle School: Clyde Miller
  • High School: Aurora Central
  • Sq.Ft.: 7,342 sq ft
  • Style: Traditional, Multi-Story, Side-by-Side
  • Stories: Multi-Story
  • Units: 13 units
  • Bedrooms: 15
  • # of Parking Spaces: 12
  • Lot Size: 14375 sq ft lot
  • Zoning: OA-RMU
  • Additional Information: Income History Available, Tenant Occupied
  • Annual Expense Actual: 20748
  • Annual Expense Proj: 35000
  • Annual Income Actual: 112200
  • Annual Income Proj: 148200
  • Annual Net Income Actual: 91452
  • Annual Net Income Proj: 113200
  • Architectural Style: Traditional
  • Basement Floor Type: Slab
  • Building Area Source: County Records
  • Building Type: 5+ Plex (All Units)
  • Construction Materials: Stucco
  • Construction Methods: Block
  • Electric Expense: 1844
  • Flooring: Carpet, Laminate, Tile Floor
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Insurance Expense: 3240
  • Interior Features: Eating Space/Kitchen
  • Kitchen Appliances: Disposal, Refrigerator (Kitchen), Stove/Range/Oven
  • Laundry Availability: Coin-Operated
  • Lot Size Sq Ft: 14375.00
  • Maintenance Expense: 5515
  • Other Services Expense: 770
  • Owner Paid Utilities: Property Tax, Trash, Water
  • Parking Count: 1
  • Per Unit Features: Assigned Parking
  • Potential Rental Income Annual: 148200
  • Real Estate Taxes: 4908
  • Road Surface: Paved Road
  • Roofing: Composition Shingles
  • Seller Type: Individual
  • Sq Ft Above: 7342
  • Sq Ft Finished: 7342
  • Sqft Total: 7342
  • Structural Style: Multi-Story
  • Style Characteristics: Side-By-Side
  • Tax Amount: 4908.00
  • Tax Year: 2017
  • Total Offstreet Spaces: 12
  • Unit Access: Courtyard
  • Unit Count: 2
  • Water Annual Expense: 4472
Courtesy of Showcase Properties Unlimited

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Karen Dodge | 303-956-3017 | Contact Me
2625 E 12th Ave - Denver, CO 80206
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