Located in Aurora, this single-family frame home, built in 1996, offers 4 bedrooms, 2.5 bathrooms, and 2,900 square feet of living space on an 11,636 square foot lot. The property includes an unfinished basement. It is tenant-occupied and showings are available by appointment only.

Financial Snapshot

The property is offered at a marketing price of $385,000. The projected after-repair value (ARV) is $485,000, supported by recent comparable sales in the area:

• 2523 Briarwood Ct – On the market AS-IS for $450,000
• 2447 Worthington Dr – Well-maintained, sold for $400,000 (01/14/2025)
• 2467 Worthington Dr – AS-IS/Clean, sold for $450,000 (08/27/2025)

Estimated rental income is $2,500 per month, with annual property taxes of $9,630.

Property Overview

This spacious home offers strong fundamentals with updated mechanical systems, a roof replaced approximately three years ago, and a brick patio installed about 20 years ago and re-stained in 2021. Most of the interior is dated and will benefit from cosmetic modernization. The unfinished basement provides an opportunity to add value, and the washer and dryer conveniently located on the main level appeal to both renters and future homeowners. Several rooms were repainted in recent years.

Investment Highlights

This is a compelling value-add opportunity in a desirable Aurora pocket with limited inventory at this price point. With an ARV of $485,000 and solid rental demand, investors can achieve strong returns through interior updates and strategic mechanical improvements. The home’s generous square footage, modern layout, and newer roof provide an excellent foundation for a flip or long-term rental strategy.

Market Context

Aurora’s west side has experienced steady appreciation over the past several years, driven by strong owner-occupant demand, access to quality schools, and proximity to commuter routes and retail corridors. Investor activity remains active, particularly for larger single-family homes with renovation upside. Updated properties in this submarket command premium resale values, and rental demand is supported by families seeking larger living spaces.

Terms

Cash or hard-money buyers only. Seller financing is not available.

Contact

For all inquiries, showing requests, or additional information, please call 1-888-775-4570 or email sales@sharpedgeproperty.com.