This professionally managed 5-plex is a turnkey addition to any portfolio. Each of the five units features a 1-bedroom, 1-bathroom layout with recent upgrades that ensure low maintenance and long-term value. Improvements include a brand-new roof, updated electrical with individual meters, new furnaces, fresh exterior and interior paint, new windows, updated flooring, and charming front decks. A newly added common laundry room enhances tenant convenience, while two additional rooms offer valuable storage or potential expansion-convert one unit into a spacious 2-bedroom! With strong rental appeal and modern updates throughout, this income-producing property is ready to generate returns from day one.
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Akron is located in Colorado. Akron, Colorado has a population of 1,793. Akron is less family-centric than the surrounding county with 25% of the households containing married families with children. The county average for households married with children is 27.32%.
The median household income in Akron, Colorado is $41,708. The median household income for the surrounding county is $54,141 compared to the national median of $69,021. The median age of people living in Akron is 38.5 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 16.8 inches per year, with 38.2 inches of snow per year.