CO > Aurora
Aurora, CO 80010,1440 Lima ST
Aurora, CO 80010,1440 Lima ST
Aurora, CO 80010,1440 Lima ST
Aurora, CO 80010,1440 Lima ST
Aurora, CO 80010,1440 Lima ST
Aurora, CO 80010,1440 Lima ST
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Jerry Downer

Jerry Downer

+1(720) 277-9001
$ 900,000
Est. payment | /mo

8,712 Sqft Lot

Save Virtual Tour
$ 900,000
Est. payment | /mo
Save Virtual Tour

8,712 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9773278

HOA Y/N No

Originating Board recolorado

Year Built 1956

Annual Tax Amount $4,017

Tax Year 2023

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Multi-Family

Property Description

So many options on this multifamily! Currently 5 units, 4, 1 bed units and 1, 2 bed unit, with a basement at the end of the building not currently being utilized. Option to make the basement a part of the 2 bed unit making it into a 4 bed, or, create a whole new unit as it has it's own entrance into the basement, making it a 6 unit. Currently under rented at $1300/unit. If you turn into section 8, Aurora is at $1800/1 bed unit/month and $3225/4 bed unit with converting the basement. Current cap rate at a $900k purchase price is over 6%. (Docs attached for the City of Aurora's Section 8 allowances.) All units are on month to month verbal leases.

Location

State CO

County Arapahoe

Zoning APT 4-8

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected

Roof Type Architecural Shingle

Total Parking Spaces 10

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://listings.mediamaxphotography.com/1440-Lima-St

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Denver Property Team • [email protected],303-552-4804
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"My job is to listen carefully, never make assumptions, and deliver flawlessly on all my commitments! "

+1(720) 277-9001

[email protected]

999 18th St, Denver, CO, 80202, USA

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