8960 E 12th Avenue, Aurora, CO 80010

$620,000
5
BD
4
BA
2,130
SqFt

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Courtesy of MODestate . 303-250-5090

Selling Office: Your Castle Real Estate Inc.

Sold Price
$620,000
List Price
$610,000
Closing Date
Jun 25, 2024
Type
Multifamily
Status
CLOSED
MLS Number
5630797
Finished Sqft
2,130
Above Grade Sqft
2130
Total Sqft
2130
Subdivision
Northwestern Aurora
Sub-Area
Northwestern Aurora
Year Built
1955

Property Description

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!

Additional Information

School District
Adams-Arapahoe 28J
Elementary School
Kenton
Middle School
North
High School
Aurora Central
Style
Contemporary
Lot Size
6,534
Acres
0.15
Taxes
$3,277
Tax Year
2022

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