1231 Akron St - Multi-Family FOR SALE


Aurora, CO 80010- Delmar Parkway | 
$435,000 USD
720-989-7727
1231 Akron St, Aurora, CO for Sale
$435,000 USD
Multi-Family - FOR SALE
1/16
null | 7.24% Cap Rate

1231 Akron St
Aurora, CO 80010
Delmar Parkway


HIGHLIGHTS

  • Near Lowry Redevelopment
  • Near employment centers of UC Hospital and Children's Hospital

OVERVIEW

This property is eligible for a lender credit of 1.5% of the loan amount that can be used for closing costs or to buy down the interest rate. Value add Duplex Opportunity Near Lowry – Ideal for Owner-Occupants or Investors! Fantastic opportunity to own a well-located duplex at 1231 Akron St in Aurora, just minutes from the vibrant Lowry redevelopment. Enjoy close proximity to popular destinations including Lowry Beer Garden, Big Bear Ice Arena, Great Lawn Park, and Common Ground Golf Course. Also conveniently located near major employment centers of UC Health and Anschutz Medical Campus, home to UCHealth Hospital and Children's Hospital. This 1,846 square foot duplex features two 2-bedroom, 1-bath units, each with its own in-unit laundry room. The front unit is vacant, presenting an excellent opportunity for an owner-occupant to live in one unit while offsetting expenses by renting the other, or for an investor to lease at current market rates. The front unit also features updated flooring. The back unit is tenant-occupied and includes a fenced backyard, alley access, and off-street parking for two vehicles. This unit has been updated with fresh paint, newer flooring and new kitchen cabinets.

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

2

PRICE/UNIT

$217,500

CAP RATE

7.24%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1231 Akron St Duplex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,587 SF

ZONING

Duplex

APN/PARCEL ID

1973-03-2-23-008

ASK ABOUT THIS PROPERTY

Brad UhligWest Peak Properties.comMore Info
720-989-7727

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Brad UhligWest Peak Properties.comMore Info
720-989-7727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.