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970-988-8295 | Broker - Nathan Washam
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970-988-8295
Broker - Nathan Washam
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Akron, CO 80720 351 E 2nd St

$280,000

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Presented By: CENTURY 21 Cornerstone; 9708422444
  • MLS# 1037337
  • 06/20/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 2,460

Home Details

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.
Presented By: CENTURY 21 Cornerstone; 9708422444

Interior Features for 351 E 2nd St

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementPartial, Partially Finished
Fireplace Y/NNo
Heating Y/NYes

General for 351 E 2nd St

AppliancesWasher, Dryer, All Appliances
Architectural StyleRanch
Attached Garage No
Cap Rate-0.77
CityAkron
Construction MaterialsWood/Frame
CountyWashington
ElectricElectric, YW Electric
Elementary SchoolAkron
ExclusionsAll tenants personal property
Facing DirectionSouth
Garage Y/NNo
Gas Y/NNatural Gas, YW Electric
Gross Income3175
HOANo
Heating2 or more Heat Sources, Wall Furnace
High SchoolAkron
High School DistrictAkron R-1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet3920
Lot Size UnitsSquare Feet
MLS AreaWashington
Middle/Junior High SchoolAkron
Net Operating Income-2151
New ConstructionNo
Number Of Units Total5
Operating Expense5326
Patio/Porch FeaturesDeck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameAk 1st Add
Tax Annual Amount128
Tax Year2024
Tenant PaysElectricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Year Built1955
ZoningRES

Exterior for 351 E 2nd St

Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Level, Within City Limits
Lot Size Acres0.09
Lot Size Area3920
Other ParkingParking Per Unit(Less Than 1)
Parking FeaturesAlley Access
Road Frontage TypeCity Street, Alley
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, Town of Akron
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Akron Elementary School
High School Akron High School
Middle School Akron Middle School

Nathan Washam

Broker/Owner
Price $280,000
MLS#1037337
List Date 06/20/2025
Property Type Income
Phone 970.988.8295
Request Tour
Request Info
Visit My Website

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Information deemed reliable but not guaranteed by the MLS. © 2020 Information and Real Estate Services, LLC. Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The IRES, LLC Data on this site is used and paid for by multiple independent companies. The real estate broker cannot require you as a prospective buyer to pre-qualify with or utilize the services of either of the mortgage loan originators. Nor can either of the mortgage load originators require you as a prospective buyer to utilize the services of the real estate broker. 

970-988-8295 | Broker - Nathan Washam

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