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14794 e 2nd avenue 204f aurora, CO 80011

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Sold On: 2025-09-19
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$130,000

Beds: 1
Baths: 1
Fin SqFt: 754
MLS Number:
1686117
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Est. $762 / month

What's My Home Worth?

Description:
Investor Special in Aurora – RESERVED COVERED PARKING SPOT! Location, Cash Flow, and Value-Add Potential Opportunity knocks at 14794 E 2nd Avenue #204F – a 1-bed, 1-bath condo with 754 finished sq. ft. in the well-located Red Sky community. This unit offers immediate rental income potential and strong upside for a savvy investor willing to update and modernize. BRAND NEW FLOORING IN THE KITCHEN AND LAUNDRY Why This Property Works as an Investment Rental Strength: Similar 1-bed units in this neighborhood are renting in the $1,350–$1,550/month range, making this property capable of producing 6–7%+ gross yield even after factoring the affordable HOA ($345/month, covering water, sewer, trash, insurance, and snow removal). Low Carrying Costs: Utilities are minimal with water, sewer, trash, and insurance included in HOA dues, making budgeting for rentals easier and reducing tenant complaints. Transit Access: Just 1 block to bus service and about 5–6 blocks to the R Line Light Rail (2nd & Abilene Station), giving renters easy access to DIA, DTC, Anschutz Medical Campus, and Downtown Denver. Transit proximity increases tenant demand and long-term rental stability. In-Unit Laundry & COVERED Reserved Parking: Highly desirable features for tenants—washer/dryer included plus one reserved space. Why This Works as a Flip / Renovation Strong Bones, Cosmetic Fixer: Brick and frame construction, with an efficient open floorplan (bedroom, family room, kitchen, and full bath all on one level). Most value-add here will be cosmetic—kitchen, bath, flooring, and paint—rather than expensive structural changes. Comparable Sales: Updated 1-bed units in the area are trading well above current entry price points. Renovating this unit could position it for a 20–30% resale margin, depending on finishes. Lifestyle Amenities: Residents enjoy an outdoor pool, low-maintenance living, and proximity to shopping, dining, and employment centers—all selling points for resale buyers.

Status: Closed
REcolorado MLS disclosures
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keller williams advantage realty llc
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The Brian Petrelli Team is your Red Sky Condos, aurora home specialist.

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Call us today and find out why we're leaders for Condos and Townhomes in aurora, Colorado and the most most qualified REALTORS in Red Sky Condos. We can show you any available home in aurora, Colorado and provide you with the expertise and knowledge to make sure you get the best value for your money. In addition, we have access to $0 down mortgage programs to make financing easier. Best of all, as a buyer, our services cost you nothing! What are you waiting for? Call us today!
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The content relating to real estate for sale in this web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than The Brian Petrelli Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
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