Condo $ 155,900

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 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, support@mmhoaservices.com) 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.
Listed by Epique Realty

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Coming Soon

    Purchase Type For Sale

    Square Footage 952 sqft

    Price per Sqft $163

    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

    Listing Terms Cash, Conventional

    Special Listing Condition None

SIMILAR HOMES FOR SALE

Check for similar Condos at price around $155,900 in Aurora,CO

CONTACT

Mike Cerrone
Mike Cerrone

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