18193 E Kentucky Ave Unit 204, Aurora, CO 80017
- $219,964
- 3
- BD
- 2
- BA
- 1,177
- SqFt
Courtesy of LoKation . Matt@DenverRealtyGuru.com,720-266-8040
- List Price
- $219,964
- Type
- Condo
- Status
- ACTIVE
- MLS Number
- 9898026
- Bedrooms
- 3
- Bathrooms
- 2
- Finished Sqft
- 1,177
- Subdivision
- Robinwood
- Year Built
- 1982
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.
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Additional Information
- Taxes
- $1,847
- School District
- Adams-Arapahoe 28J
- Elementary School
- Arkansas
- Middle School
- Mrachek
- High School
- Gateway
- Total HOA Fees
- $462
- HOA Frequency
- Monthly
- Fee Includes
- Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water
- Type
- Condominium
Home Value Report
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