For Sale8 Days

$480,000

1408 Lima Street
Aurora, CO 80010

Residential For Sale

4 Beds

2 + Half Baths

1,714 Sq. Ft.

0.18 Acre Lot

1of24

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Denver Property Team

Description for 1408 Lima Street, Aurora, CO 80010

For Sale> Arapahoe> Aurora> 80010

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.)

Property Details

Listing Details

Status: For Sale

Property Type: Residential

Property Style:House/Single Family

Listing Type:None

Sale/Rent: For Sale

MLS#: REC2000119

Price: $480,000

List Date: 11/14/2024

Square Feet: 1,714 Sqft

Year Built: 1952

Price: $480,000

List Agent MLSID: REC042865

Sold Date:

Approx Living Area: 1,714 Sqft

Ownership Desc: Single Family

Exclusions: None

ParkingTotal: 4

Location Information

Country: US

State: CO

County: Arapahoe

City: Aurora

Zipcode: 80010

Street: Lima

Street Number: 1408

Street Suffix: Street

Longitude: W105° 8' 38.1''

Latitude: N39° 44' 19.1''

Interior Features

Beds: 4

Baths: 2

Baths Full: 2

Equipment:Dishwasher,Disposal,Refrigerator,Dryer,Washer,Oven

Basement

Basement:Crawl Space

Exterior Features

Private Pool: No

Spa: No

Exterior Features:Private Yard

Roof:

ConstructionMaterials:Brick,Frame

Fencing:Full

Land Info

Lot Size: 0.18 Acre

Road:

Rear Exposure: Nw

Parcel Number: 031071691

Land Lease Fee Freq: Monthly

RoadSurfaceType:Paved

Utilities

Heating System:Forced Air,Natural Gas

Cooling:Central Air

Sewer:Public Sewer

HOA Info

HOA Fee Freq: Monthly

CommonWalls:1 Common Wall

Senior Community 55+: No

Rental Info

LeaseAmountFrequency: Monthly

Tax Info

Tax Desc: LOT 1 BLK 1 ZURCHERS SUB

Taxes: $1,962

Tax Year: 2023

Schools

Elementary School: Kenton

High School: Aurora Central

Middle School: Aurora West

Listing Information

Office Name: Denver Property Team

Agent Name: Alexander Saldana

List Office MLSID: RECM3513

MLS: Recolorado

Original List Price: $480,000

Last Changed: 11/14/2024 16:40:21

Above Grade Finished Area: 1,714 Sqft

StructureType:Duplex

SubdivisionName: Zurchers Sub

Utilities:Natural Gas Connected,Electricity Connected

WaterSource:Public

Virtual Tours

Virtual Tour URL: https://listings.mediamaxphotography.com/1408-Lima-St

Price History

Source: MLS

Date	Event	Price	Source
2024-11-14 15:47:10	For Sale	$480,000	MLS

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Courtesy of Denver Property Team

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