1408 Lima Street
Aurora, CO 80010
1714 sqft | 4 beds | 0.18 acres | #7091909
Description
Duplex for sale with 2, 2 bed/1 bath units for $480k! Also for sale next door is a 5 unit at 1440 Lima St for $1mil! Possible development play, rental play, house hacking play, lots of potential! City of Aurora Section 8 for a 2 bed is currently $2200/month per unit, and after utilities paid, would still pencil out an 8% cap rate with no property management. The units will need some reconfiguring to turn back into 2, 2 bed units. The current owner has been living there and made it work for their lifestyle by connecting both units together. The development play would involve buying the 5 plex next door and working with the City of Aurora to rezone. (Sellers property disclosure and the City of Aurora's Section 8 allowances in documents attached.)
Interior Details
- Bedrooms4
Property Details
- Exterior MaterialsPrivate Yard
Measurements
- Acres0.18
- Square Feet1714
Construction Details
- Property TypeMulti-Family
- BasementCrawl Space
Condition
- Year Built1952
Utilities / Energy Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionZurchers Sub
Location
- School DistrictAdams-Arapahoe 28J
- High SchoolAurora Central
- Middle SchoolAurora West
- CountyArapahoe
- Elementary SchoolKenton
Financial Details
- Original List Price$480,000
- Taxes Annual$1,962
Other
- MLS #7091909
Location
Legal
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 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.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Alexander Saldana (#REC042865)
Listing Office: Denver Property Team (#RECM3513)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
