Beth Erickson Sand at LIV Sotheby's International Realty

MLS: 4129731     $2,080,000
Bedrooms with Baths

MLS: 4129731 Condo For Sale
1129 AKRON STREET
AURORA CO 80010

MLS:  4129731
Status:  ACTIVE
List Price:  $2,080,000
Price per SQFT:  $0
Square Footage:  0

Bedrooms
Baths
Year Built:  1957
Zip Code:  80010

 

Listing Remarks

1129 Akron Street is a 13-unit multifamily community located in Aurora, Colorado just to the north of the Lowry redevelopment and in close proximity to the Central Park neighborhood and Fitzsimons Medical Campus. The property consists of 11 one-bedroom units and two two-bedroom units, many with hard surface flooring and double-pane windows. Eight of the units have front and rear entrances with small backyards and are individually metered for gas and electricity while the other five units are master metered for gas and individually metered for electricity. Built in 1957, this U shaped building is primarily a brick and stucco exterior with a pitched asphalt shingle roof and a nice gated courtyard with in-ground sprinkler system. There are 12 off-street parking spaces to the rear of the building. An on-site coin operated laundry facility provides additional income. This property provides a potential buyer with a value-add opportunity by continued renovation and raising rents to market. The growth of the area with the redevelopment of Lowry Air Force Base directly south and the continued strength of the Central Park neighborhood to the north means that apartments in this area will continue to be in strong demand in the future. As the Fitzsimons Medical Campus to the east continues its growth, employment in the area will only increase, making employees there and in supporting businesses that much more likely to reach out into the surrounding area for rentals.

Address: 1129 AKRON STREET AURORA CO 80010

MLS Logo  Listing Courtesy of MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES OF ATLANTA, I

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Listing Details


STATUS:Active
LISTING CONTRACT DATE:2022-06-15
BUILDING AREA TOTAL:7290
YEAR BUILT:1957
TAXES:$9,365
ARCHITECTURAL STYLE:LowRise
EXTERIOR FEATURES:SprinklerIrrigation
LEGAL DESCRIPTION:N 1/2 26 ALL 27-30 & VAC 10 FT AKRON ST BLK 21 BROOKLYN EX REAR 8 FT
LOT FEATURES:SprinklersInFront, Landscaped
# GARAGE SPACES:0
PROPERTY TYPE:CommercialSale
PROPERTY SUB TYPE:MultiFamily
NUMBER OF UNITS TOTAL:13

Estimated Monthly Payments


List Price:$2,080,000
20% Down Payment:$416,000
Loan Amount:$1,664,000
Loan Type:30 Year Fixed
Interest Rate:5.2 %
Monthly Payment:$9,137

Estimate does not include taxes, fees, insurance.

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Property Location: 1129 AKRON STREET AURORA CO 80010



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 1 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
1841053 $6,600,000 1571 UINTA STREET 0
8429246 $455,000 1558 DALLAS STREET 0
5840347 $2,395,000 1666 CLINTON STREET 0
1681351 $2,500,000 1437 YOSEMITE STREET 1-10 0
2647223 $540,000 1216 AKRON STREET 4 3 1800
4712837 $216,000 1125 XENIA STREET 2 1 732
IR972705 $549,900 2011 UINTA STREET 3 3 1529
1739987 $549,900 2011 UINTA 3 3 1529
2228150 $449,000 1424 VALENTIA STREET 2 3 1094
2687660 $250,000 1561 WABASH STREET 1 1 550

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Last Updated: 2022-08-14 06:20:35