Beth Erickson Sand Denver Real Estate Agent - 720.353.2384
Denver Condo ManiaMLS: 1686117 $130,000
1 Bedroom with 1 Bath14794 E 2ND AVE 204F AURORA CO 80011
AURORA CO 80011MLS: 1686117
Status: PENDING
List Price: $130,000
Price per SQFT: $172
Square Footage: 7541 Bedroom
1 Bath
Year Built: 1980
Zip Code: 80011
Listing Remarks
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.
Address: 14794 E 2ND AVE 204F AURORA CO 80011 AURORA CO 80011
Listing Courtesy of Keller Williams Advantage Realty LLC 303-986-4300
Condo Mania Agent
Beth Sand
LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Listing Details
STATUS: Pending LISTING CONTRACT DATE: 2025-08-22 BEDROOMS: 1 BATHROOMS FULL: 1 BATHROOMS THREE QUARTER: 0 BATHROOMS HALF: 0 LIVING AREA SQ FT: 754 BUILDING AREA TOTAL: 754 YEAR BUILT: 1980 TAXES: $704 HOA FEES FREQUENCY: Monthly HOA FEES: $345 HOA INCLUDES: Trash, Snow Removal, Water/Sewer, Hazard Insurance APPLIANCES INCLUDED: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal CONSTRUCTION: Wood/Frame, Brick/Brick Veneer COMMUNITY FEATURES: Pool, Playground FIREPLACE: Single Fireplace HEATING: Baseboard, Radiant COOLING: Wall/Window Unit(s) # GARAGE SPACES: 1 PROPERTY TYPE: Attached Dwelling PROPERTY SUB TYPE: Attached Dwelling ROOF: Other LISTING AGENT: RYAN DEVIN LISTING OFFICE: KELLER WILLIAMS ADVANTAGE REALTY LLC
Estimated Monthly Payments
List Price: $130,000 20% Down Payment: $26,000 Loan Amount: $104,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $657 Estimate does not include taxes, fees, insurance.
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Property Location: 14794 E 2ND AVE 204F AURORA CO 80011 AURORA CO 80011
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Condo Mania Agent
Beth Sand
LIV Sotheby's International Realty
Broker Associate
Phone: 720.353.2384
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Last Updated: 2025-09-08 13:25:46