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.
2,130 Sq Ft
0.22 Private Acres Exterior Space
Investment
$3,277 Annual Tax
Built in 1955
MLS/Listing ID 4756909
Heating - Forced Air
Construction - Frame
Style - Contemporary
Composition
Listing Courtesy of MODESTATE, PHILLIP BICKER - 303-250-5090
Source of Data: RECOLORADO