$480,000
- Beds
- 4
- Baths
- 2.0
- sq ft
- 1,714
1408 N Lima St, Aurora, CO 80010
1408 N Lima St
Aurora, CO 80010
- 7 days on market
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.)
Details
Property type
Single Family Residence
Lot size
7,667 sq ft
Price per sq ft
$281
Year built
1952
Annual property taxes
$1,962
Price History
11/14/2024
REColorado #2000119
Listed
$480,000
Schools & Community
Neighborhood:
Delmar Parkway
Elementary school:
Kenton
Middle school:
Aurora West
High school:
Aurora Central
High school district:
Adams-Arapahoe 28J
Status: Active
Tomo last checked: 11/21/2024 at 6:35 PM
Listing updated: 11/14/2024 at 9:41 AM
Listed by: Alexander Saldana, Denver Property Team Phone #: (720) 252-6888
MLS: REColorado #2000119
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