1011 S Ironton Street Unit 204, Aurora, CO 80012

$150,000
2
BD
2
BA
952
SqFt

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Courtesy of Epique Realty . mikecerronerealtor@gmail.com

List Price
$150,000
Status
ACTIVE UNDER CONTRACT
Days on Market
80
Price Change
▼ $9,900 1783482484
MLS#
7729438
Year Built
1981
Bedrooms
2
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
952
Subdivision
STEPPINGTON PLACE CONDOS PHASE 2
Neighborhood
STEPPINGTON PLACE CONDOS PHASE 2
Building Name
STEPPINGTON PLACE CONDOS PHASE 2

Property Description

*** BEST PRICE IN COMPLEX. Asking 41k less than 10650 E Tennessee Ave 109 that recently sold for $191,900. *** ALL REASONABLE OFFERS will be considered. *** OWNER OCCUPIANT. Move in with immediate equity and build more with small updates over time. 1st time buyer low price and low payment (cheaper than rent). Downsizer no-stairs in unit and elevator access. *** FIX AND FLIP INVESTOR. Low investment baby flip. Perfect for new flipper or veteran looking for quick turn. No Wholesaler. No Assignable Contract. No Wacky Financing. Only investor with proven funds will be entertained. *** BUY AND HOLD INVESTOR (all numbers are estimates, NOT guaranteed, buyer to verify). Simple Cash-On-Cash Return is 9.5%. Net cashflow is 1,185 per month (rent 1,800 per month minus costs of HOA 514 and Taxes 101) or14,220 per year. COC = 14,220/150,000 = 9.5%. *** DATED, BUT CLEAN. Move in ready. New thermostat, fresh paint, some newer flooring. 2 bed 2 bath condo on 2nd floor. 2nd bedroom has pocket doors, NO closet and could be office. Complex includes: elevator, courtyard, pool table room, swimming pool, and security exterior doors to building. Oversized balcony (approx 16x8) with views of courtyard. Open floorplan. Tall ceilings. Lots of light. Walk in closet main bedroom. Extra storage closet (#4) in common room south of elevator. One block to bus lines. Walk to grocery stores (King Soopers, Safeway, Target). *** NEEDS SOME WORK, including but not limited to: IN WALL AIR CONDITIONER UNIT in small bedroom not work. Hallway bath VENT not work. Leaky FAUCET in the hallway bath. Old WINDOW COVERINGS missing louvers. Seller NEVER lived in the unit, but disclosing known issues. See SPD in MLS Supplements (ask your agent). ***HOA dues are 514 per month, high, but remember it includes HEAT TO UNIT (hot water baseboard radiator), water, and sewer. *** Schedule your showing today.

Additional Information

Amenities
Elevator(s), Pool
Interior Features
No Stairs
Taxes
$1,209
HOA Fee
$514
HOA Includes
Heat, Sewer, Trash, Water
Building Name
STEPPINGTON PLACE CONDOS PHASE 2
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Heating
Baseboard, Hot Water
Air Conditioning
Air Conditioning-Room
Levels
One
Roof
Unknown
School District
Cherry Creek 5
Elementary School
Highline Community
Middle School
Prairie
High School
Overland

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