Condo $ 150,000

1011 S Ironton ST #204

Aurora, CO 80012

  • 2 Beds
  • 2 Baths
    Full Baths: 1 Half Baths: 1
  • 952 SqFt
  • 1981 Year Built
*** 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.
Listed by Epique Realty

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Active

    Purchase Type For Sale

    Square Footage 952 sqft

    Price per Sqft $157

    Subdivision Steppington Place Condos Phase 2

    MLS Listing ID 7729438

    Bedrooms 2

    Full Baths 1

    Half Baths 1

    Condo Fees $514

    HOA Fees $514/mo

    HOA Y/N Yes

    Abv Grd Liv Area 952

    Year Built 1981

    Annual Tax Amount $1,209

    Tax Year 2025

    Property Sub-Type Condominium

    Source recolorado

  • Location

    State CO

    County Arapahoe

  • Rooms

    Main Level Bedrooms 2

  • Building

    Sewer Public Sewer

    Water Public

    Level or Stories One

    Structure Type Concrete

  • Interior

    Interior Features No Stairs

    Heating Baseboard, Hot Water

    Cooling Air Conditioning-Room

    Flooring Carpet, Laminate

    Fireplace N

    Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

    Laundry In Unit

  • Exterior

    Utilities Available Electricity Connected

    Roof Type Unknown

    Total Parking Spaces 1

    Garage No

  • Schools

    Elementary Schools Highline Community

    Middle Schools Prairie

    High Schools Overland

    School District Cherry Creek 5

  • Others

    Senior Community No

    Ownership Individual

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition None

    Virtual Tour https://book.boulevardrealestatemedia.com/sites/rojnalln/unbranded

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CONTACT

Mike Cerrone
Mike Cerrone

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