3/1 Cosmetic Flip

1361 Chester St Aurora, CO 80010

  • Characteristics

    Beds: 3
    Baths: 1
    SqFt: 1,011
    Lot Size: 6,316
    Year Built: 1950
    APN: 1973-03-2-12-019

  • Condition

    Nice straight forward little 3/1 flip or hold in Aurora. Located minutes from the Lowry CCA Campus with easy access to I-225 and 20 minutes to Downtown.

    Very well maintained. New roof and hot water heater. Furnace is in great condition. Septic clean outs installed. Needs cosmetic updates.

    Positive cashflow as a hold with 10.2 cap rate after updates.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $1,672 (2022)
    Rental Income: $35,400, 9.2 cap rate.
    Repairs: $30,000 or less
    ARV: $435,000
    Asking: $305,000

    Dates
    Investor Access: Thurs 2/29 at 1:00 RSVP Required
    Closing: 3/15/24
    Possession: 3/30/24

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.