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
- Acres0.18
- Square Feet1714
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
- BasementCrawl Space
Condition
- Year Built1952
Utilities / Energy Details
- Utility FeaturesNatural Gas Available, Electricity Available
- Sewer InformationCity Sewer, Public Sewer
- Utility SourceCity Water
Community and Neighborhood Details
- SubdivisionZurchers Sub
Location
- High SchoolAurora Central
- Middle SchoolAurora West
- CountyArapahoe
- Elementary SchoolKenton
Other
- MLS #7091909
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Alexander Saldana (#042865), Phone: (303) 552-4804
Listing Office: Equity Colorado Real Estate (#M3513)
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