NOT LISTED FOR SALE
5 Beds
4 Baths
2,130 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: June 25, 2024

Last sale price $620,000 $291 Per Sq Ft

6 Days on Market

Highlights

  • Contemporary Architecture
  • 1-Story Property
  • East Facing Home
  • No HOA
  • Forced Air Heating System
  • 3-minute walk to New Freedom Park

About This Home

As of June 2024

Investor's Dream in Denver Metro! Rare opportunity to own a cash-flowing 4plex well under $700k, comprising of three 1-bed, 1-bath units and one 2-bed, 1-bath unit. Currently below market rents that exceed $1250/month for 1-bedroom and $1600/month for 2-bedroom units. Conveniently located with strong rental demand, this property offers steady income potential. Purchase individually or as part of a portfolio of three consecutive 4plexes: 1183 Akron St, 1193 Akron St, and 8960 E 12th Ave. Property is priced under market value due to sub-market rents, will need to act fast to capitalize on serious value-add potential!

Last Agent to Sell the Property

Phillip Bicker

MODestate Brokerage Phone: 303-250-5090 License #100069146 Listed on: 05/13/2024

Co-Listed By

Calvin Lennberg

MODestate Brokerage Phone: 303-250-5090 License #100075780

Last Buyer's Agent

Jeffrey White

Your Castle Realty LLC License #100090620

Your Castle Realty LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1955

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,130 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Kenton Elementary School
  • North Middle School
  • Aurora Central High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Tenants' Personal Property
  • Tenant pays for electricity, gas, internet
  • The owner pays for water
  • Assessor Parcel Number 031101328

Community Details

Overview

  • No Home Owners Association
  • Northwestern Aurora Subdivision

Building Details

  • Operating Expense $8,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1955

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Contemporary
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 2130
  • Exclusions: Tenants' Personal Property
  • Living Area: 2130
  • Directions: Please use gps
  • SubdivisionName: Northwestern Aurora
  • Co List Office Mls Id: RECWSTPK
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.01639
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bedrooms: 5

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 8640

Schools

  • Middle Or Junior School: North

Lot Info

  • Parcel Number: 031101328
  • Lot Size Acres: 0.15
  • Fencing: Partial
  • Building Area Total: 2130
  • Lot Size Sq Ft: 6534
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas, Internet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3277

MLS Schools

  • Elementary School: Kenton
  • High School: Aurora Central

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 Chicago Title
United Colorado Llc $541,666 Chicago Title
Bold Investments Llc $550,000 Chicago Title
12Th & Akron Apartments Llc $167,000 Fitco
Timeless Properties Inc -- None Available
Dn Investment Properties Llc -- None Available
Nylund Darrell $129,500 Fahtco
Saxon Mortgage Services Inc -- Fahtco
Williams Marcus $350,000 Classic Title Agency Inc
Decker Cheri $302,350 Security Title
Nkululeko Ekundayo $241,000 --
Nettrour David R -- --
Federal National Mortgage Assn -- --
Conversion Arapco -- --
Conversion Arapco -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $465,000
Previous Owner Bold Investments Llc $495,000
Previous Owner Dn Investment Properties Llc $140,795
Previous Owner Williams Marcus $70,000
Previous Owner Williams Marcus $280,000
Previous Owner Decker Cheri $272,115
Previous Owner Nkululeko Ekundayo $192,800
Previous Owner Nettrour David R $780,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $620,000 +1.6% $291 / 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 -16.7% $254 / Sq Ft View Prior Sale
04/30/2024 04/30/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $650,000 -- $305 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,766 $34,272
2025 $2,986 $35,000
2024 $2,896 $31,155
2023 $2,896 $31,155 $0 $0
2022 $3,277 $32,640 $0 $0
2021 $3,458 $32,640 $0 $0
2020 $2,829 $27,170 $0 $0
2019 $2,814 $27,170 $0 $0
2018 $2,071 $19,584 $0 $0
2017 $1,801 $19,584 $0 $0
2016 $1,519 $16,167 $0 $0
2015 $1,466 $16,167 $0 $0
2014 $1,243 $13,198 $0 $0
2013 -- $10,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5630797

REcolorado®

APN: 1973-03-2-24-012

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