18193 E Kentucky AVE #204, Aurora, CO 80017
18193 E Kentucky AVE #204, Aurora, CO 80017
18193 E Kentucky AVE #204, Aurora, CO 80017
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Tulio Pena

Tulio Pena

+1(719) 347-1245
$219,964
Est. payment /mo
3 Beds
2 Baths
1,177 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,177 sqft

Price per Sqft $186

Subdivision Robinwood

MLS Listing ID 9898026

Bedrooms 3

Full Baths 2

HOA Fees $462/mo

HOA Y/N Yes

Year Built 1982

Property Sub-Type Condominium

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.

Location

State CO

County Arapahoe

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Living Room

Appliance Dishwasher, Oven, Range, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Balcony

Amenities Available Garden Area, Park, Parking, Playground, Pond Seasonal

Waterfront Description Public

Roof Type Unknown

Porch Covered

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J

Others

HOA Fee Include Irrigation Water,Maintenance Grounds,Maintenance Structure,Recycling,Road Maintenance,Sewer,Snow Removal,Trash,Water

Senior Community No

Tax ID 032336706

Special Listing Condition None Known

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REColorado MLS
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byLoKation

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Tulio Pena

+1(719) 347-1245

homefinder@thepenateam.com