Homes for sale - 1408 Lima ST, Aurora, CO 80010

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Cody Walker

cody@sourceofhome.com +1(970) 528-0604

$480,000

Est. payment - /mo

4 Beds

2 Baths

1,714 SqFt

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UPDATED:

11/14/2024 04:40 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,714 sqft

Price per Sqft $280

Subdivision Zurchers Sub

MLS Listing ID 7091909

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,714

Originating Board recolorado

Year Built 1952

Annual Tax Amount $1,962

Tax Year 2023

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

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Exterior

Exterior Feature Private Yard

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Architecural Shingle

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame

Schools

Elementary Schools Kenton

Middle Schools Aurora West

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community No

Ownership Estate

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Listed by Denver Property Team • alex@reframingrealestate.com,303-552-4804

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Cody Walker

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

1408 Lima ST Aurora, CO 80010

Cody Walker

Cody Walker

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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