1391 Lima St, Aurora CO, 80010

Active

1391 Lima St

Aurora CO, 80010

$1,398,000

Active

1 Bed

2 Baths

Multi-family

Built in 1965

Your opportunity for passive wealth building - the Vermont Apartments has been meticulously maintained by private owner. It is an 8-unit property offering significant upside potential for investors due to under market rents. The building features a Class 4 Shingle 25-year roof and professional radon mitigation system both installed in 2021. Each unit has undergone interior renovations with updated appliances as needed. Each unit includes a personal storage closet, and the building offers secure and private entry. On-site laundry facilities are located on the lower level. 6.2% cap rate includes management fee in expenses. It is located just minutes from the Anschutz Medical Facility as well as the City of Aurora's master plan for the Fitzsimons Village redevelopment project. Tenants enjoy a prime location with a Walk Score of 83, providing easy access to local amenities such as restaurants, coffee shops, and grocery stores. Call to schedule a showing.

1019856

MLSⓇ ID

October 2, 2024

Listed

November 13, 2024

Updated

Map

1391 Lima St
Aurora CO, 80010

Interior Features

Total Stories: 2
Bedrooms: 1
Total Bathrooms: 2
Laundry Description: Common Area
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: Room Air Conditioner
Heating: Yes
Heating Description: Radiator

Exterior/Building Features

Lot Size: 0.14 Acres
Lot Features: Corner Lot, Level
Roof: Composition
Sewer: City Sewer

School Information

School District: Adams-Arapahoe 28J
High School: Aurora Central
Elementary School: Kenton

Other Property Details

Area Name: Metro Denver
Taxes: $7,130
Tax Frequency: Annually
Days on Market: 18
Garage: No
View: No
County: Arapahoe
Water Source: City Water, City
Pool: No
Zoning: OA-RMU

Listed by Valerie Cannistraro with RE/MAX Alliance-Boulder
Listing Contact: 3036181171

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/13/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 11/13/2024 at 8:05 PM UTC