1011 Ironton St #204 Aurora, CO 80012

Listing details for 1011 Ironton St #204, Aurora, CO 80012 : *** Best price in the complex. Asking 36k less than 10650 E Tennessee Ave 109 that recently sold for $191,900. *** All reasonable offers will be considered. *** 2 bedroom 2 bathroom condo on second floor. Second bedroom has pocket doors and does NOT have a closet and could be used as an office. *** Dated, but clean, move in ready with new thermostat, fresh paint, and some newer flooring. *** Needs some work, including but not limited to: IN WALL AIR CONDITIONER UNIT in small bedroom does not work. Hallway bathroom VENT does not work. Leaky FAUCET in the hallway bathroom. Old WINDOW COVERINGS with missing louvers. Seller has NEVER lived in the unit, but is disclosing issues discovered or known. See SPD in the MLS Supplements (ask your agent). *** Oversized balcony (approx 16x8) with views of courtyard. Open floorplan with tall ceilings. Lots of light. Walk in closet in primary bedroom. Elevator building. Extra storage closet (#4) in common room south of elevator. *** Complex includes: elevator, courtyard, pool table room, swimming pool, and security locking doors to building. *** HOA dues are 514 per month, high, but remember it includes HEAT TO UNIT (hot water baseboard radiator), water, and sewer. HOA manager (M&M Property Management, 866-611-5864, [email protected]) can be difficult to communicate with. *** One block to bus lines. Walking distance to grocery stores (King Soopers, Safeway, Target). *** Investors (all numbers are estimated and NOT guaranteed, buyer to verify). Simple Cash-On-Cash Return is 9.1%. Net cashflow is 1,185 per month (rent 1,800 per month minus costs of HOA 514 and Taxes 101) or 14,220 per year. COC = 14,220/155,900 = 9.1%. *** COMING SOON: Showings start Friday June 12th. Offer Deadline Monday June 15th at 12 noon. Beat the rush and schedule your showing today.