Estimated payment $3,567/month
Rare opportunity for a currently cash flowing investment property in the Denver Metro! This is a fully occupied cash-flowing 4plex with four 1bed/1bath units and a common area laundry for potential additional laundry income. All 4 units have great tenants paying $1,100 a month with year long leases. Value-add potential to update units to get upwards of $1,300+ a month. Conveniently located with strong rental demand, these properties offer steady income potential. Now is the time to act to get a cash-flowing 4plex for a low price. We originally had 3 side-by-side 4plexes with this property, 1183 Akron which sold for $590k on 1/31/24, and 8960 E 12th, which sold for $620k on 6/25/24.
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Overview
Building Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Price Changed | $590,000 | -1.7% | $277 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $600,000 | 0.0% | $282 / Sq Ft |
| 08/14/2024 08/14/24 | Off Market | $600,000 | -- | -- |
| 08/01/2024 08/01/24 | Price Changed | $600,000 | -0.8% | $282 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $605,000 | -0.7% | $284 / Sq Ft |
| 07/05/2024 07/05/24 | Price Changed | $609,000 | -0.1% | $286 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $609,500 | -0.1% | $286 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $610,000 | +12.6% | $286 / Sq Ft |
| 04/30/2024 04/30/24 | Sold | $541,667 | -13.3% | $254 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $625,000 | -- | $293 / Sq Ft |
$600,000
Do not miss out on this 3-plex. Great location close to restaurants, shopping, and Lowry campus. Laundry room in top units. Fully rented. A clean offer and a quick close are preferred. Non Buyer and buyer agent are responsible to verify all information on this property. No showings without a contract. This is an investment property and subject to an existing lease. This property is part of a
Rich Davis Rd Realty LLC
$600,000
Fantastic triplex for sale. This property is near the Fitzsimmons medical complex and Lowry. This triplex features two bedroom one bath units with spacious yards. Plenty of offstreet parking. Don’t let this opportunity pass you by! The units have been well designed maximizing square footage, from when you enter the units you are greeted with a great living room, updated kitchen two spacious
Michael Le Keller Williams Real Estate LLC
$645,000
Turn key income producing property with solid tenants in place. Units recently updated, brand new roof December 2024.
Brett Zuckerman Madison & Company Properties
$574,990
Calling all investors or house hackers! True triplex located in the heart of Aurora. Live in one unit and rent out the other two, or else purchase and rent out all 3 units. Property consists of a 2br/1ba single family home at the front of the property and then a duplex in the rear of the property consisting of two 1br/1ba units. Both buildings come with off street parking (front and alleyway) and
Taylor Simmons Hatch Realty, LLC
$600,000
Great rental, close to schools, shopping, light rail, bus and restaurants. Good rents, good area. Between Mississippi and Iliff off Sable. The Buyer and buyer agent are responsible to verify all information on this property. No showings without a contract. This is an investment property and subject to an existing lease. This property is part of a portfolio, so ask about other properties.
Rich Davis Rd Realty LLC
$515,000
This is a turnkey rental property in Cherry Creek School District. New tenants just moved in, and there is a valid lease in place until September 30, 2025. Take advantage of the dropping interest rates to pick up this hassle-free investment property, with a management company in place to handle any potential headaches. We welcome and look forward to working with 1031-exchanges. Please do not
John Keene Corcoran Perry & Co.
Source: REcolorado®
MLS Number: 4756909
APN: 1973-03-2-24-011
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