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18193 E Kentucky Ave Unit 204, Aurora, CO 80017

$219,964
3
BD
2
BA
1,177
SqFt
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Courtesy of LoKation . Matt@DenverRealtyGuru.com,720-266-8040

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List Price
$219,964
Status
ACTIVE
Days on Market
2
MLS#
9898026
Subtype
Residential
Year Built
1982
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,177
Subdivision
Robinwood
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(720) 643-4411

Property Description

9% cap rate at Robinwood. I dare you to find better a better investment property than this. Approx. $23,500 annual net income at current occupancy, with a long-term tenant in place paying $2,800 per month and intends to stay. Renovated units here are still selling around $235K-$255K in this softer market and sold above $275K just a few years ago. Hold for cash flow now now. Remodel and sell later when the timing makes sense. Win-Win... Nearly 1,200 SF, 3 BR, 2 BA, fireplace and 2 assigned parking spaces. These places are golden after a remodel. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit.

(720) 643-4411
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Additional Information

Exterior Features
Balcony
Taxes
$1,847
HOA Fee
$462
Appliances
Dishwasher, Oven, Range, Refrigerator
Heating
Forced Air
Air Conditioning
Central Air
Levels
One
Roof
Unknown
School District
Adams-Arapahoe 28J
Elementary School
Arkansas
Middle School
Mrachek
High School
Gateway
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