18193 E Kentucky #204, Aurora, CO 80017
18193 E Kentucky #204, Aurora, CO 80017
18193 E Kentucky #204, Aurora, CO 80017
17
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$219,964
Est. payment /mo
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3 Beds
2 Baths
1,177 SqFt
New

18193 E Kentucky #204 Aurora, CO 80017

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Elisabeth King

Elisabeth King

+1(970) 388-0125

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,177 sqft

Subdivision Robinwood

MLS Listing ID IRE9898026

Style Fixer-Upper

Bedrooms 3

Full Baths 2

HOA Fees $462/mo

HOA Y/N Yes

Year Built 1982

Annual Tax Amount $1,847

Tax Year 2025

Property Sub-Type Condominium

Source ires

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

Community Robinwood

Area Metro Denver

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Living Room, One

Appliance Dishwasher, Refrigerator

Exterior

Exterior Feature Balcony

Parking Features Assigned

Garage Spaces 2.0

Community Features Playground, Park

View Y/N No

Roof Type Other

Porch Patio

Garage Yes

Building

Sewer Public Sewer

Water Public

Architectural Style Fixer-Upper

Level or Stories One

Structure Type Frame,Wood Siding

New Construction false

Schools

Elementary Schools Arkansas

Middle Schools Mrachek

High Schools Adams-Arapahoe 28J

School District Adams-Arapahoe 28J

Others

HOA Fee Include Trash,Snow Removal,Exterior Maintenance,Water,Sewer

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Information and Real Estate Services (IRES)
Listed by Matthew Collins

I CAN HELP YOU MAKE AN OFFER ON THIS PROPERTY

Elisabeth King
Elisabeth King

Broker Associate

+1(970) 388-0125 | elisabethkingrealestate@gmail.com

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18193 E Kentucky #204