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 Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,714 sqft

Price per Sqft $280

Subdivision Zurchers Sub

MLS Listing ID 2000119

Bedrooms 4

Full Baths 2

HOA Y/N No

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

Main Level Bedrooms 4

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

Story One

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

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

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Jen Langhals

Broker Associate | IA.100097765

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1408 Lima ST