Average square foot calculated using Size range provided by listing agent.
Description
Rare opportunity for a currently cash flowing investment property in the Denver Metro! This cash-flowing 4plex has four 1bed/1bath units and a common area laundry for potential additional laundry income. With one unit intentionally left vacant for a potential owner-occupany, the other 3 units have great tenants paying $1, 100 a month with year long leases. Value-add potential to update units to get upwards of $1, 400 a month like the neighboring 4plex that is nearly identical. 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.Show Description
MLS® Number4756909
Laundry Level
Central VacNo
FireplaceNo
Acreage0.22
Exterior
GarageYes
Approx. Age1955
Basement
Driveway
Garage Spaces
HeatForced Air
A/C
Heating Fuel
Extras
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