$155,900

1011 S Ironton Street 204, Aurora, CO 80012

2 beds |
2 baths |
952 sqft

Condominium
Built in 1981
—— sqft lot
—— car garage
$164/sqft
Listed 1 day ago

Property Description

*** BEST PRICE IN COMPLEX. Asking 36k 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. 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 9.1%. 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%. *** 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. *** COMING SOON: Showings start Friday June 12th. Offer Deadline Tuesday June 16th at 12 noon. Beat rush and schedule your showing today.

Listing Status:: Active
Data Last Updated:: June 14, 2026 at 4:20AM
Listing Office:: Epique Realty : 720-394-8959
Listing Agent:: Mike Cerrone : 303-578-2165
MLS ID:: 7729438

General: No Stairs
Appliances: DishwasherDisposalDryerRangeRefrigeratorWasher
Laundry: In Unit
Flooring: CarpetLaminate
A/C: hot water heat by HOA
Heating: BaseboardHot Water

Parking: Parking spaces: 1

Roofing: Unknown
General: One

HOA Amenities: Elevator(s)PoolHeatSewerTrashWater514.0Monthly
Originating MLS: recolorado
School District: Cherry Creek 5
County: Arapahoe

Zoning: UNIT 204 BLDG 2 AS PER CONDO DECLARATION RECORDED IN B3385 P301 STEPPINGTON PLACE CONDOS PHASE 2032511630

Utilities: Electricity Connected
Water: Public
Sewer: Public Sewer

Source: recolorado
Ownership: Individual
Exclusions: None

This listing courtesy of Mike Cerrone , Epique Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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