Aurora, CO 80010,1408 Lima St
Aurora, CO 80010,1408 Lima St
Aurora, CO 80010,1408 Lima St
Aurora, CO 80010,1408 Lima St
Aurora, CO 80010,1408 Lima St
Aurora, CO 80010,1408 Lima St
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$ 480,000
Est. payment | /mo

4 Beds

2 Baths

1,714 SqFt


$ 480,000
Est. payment | /mo

4 Beds

2 Baths

1,714 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,714 sqft

Subdivision Zurchers Sub

MLS Listing ID 7091909

Style Ranch

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 1,714

Originating Board REcolorado

Year Built 1952

Annual Tax Amount $1,962

Lot Size 7,840 Sqft

Acres 0.18

Property 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.)

Location

State CO

County Arapahoe

Area Metro Denver

Rooms

Other Rooms Outbuildings

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal

Exterior

Garage Spaces 4.0

Fence Fenced

Utilities Available Natural Gas Available, Electricity Available

Roof Type Fiberglass

Building

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Kenton

Middle Schools Aurora West

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Denver Property Team • alex@reframingrealestate.com,303-552-4804
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1408 Lima St