1455 Lima St, Aurora, CO 80010

$395,000
2,160
SqFt

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Listing courtesy of Michelle Glass.

MichelleDirect@kw.com,720-575-2870

List Price
$395,000
Status
ACTIVE
Price Change
▼ $55,000 1784083783
MLS#
2540969
Subtype
Residential Income
Style
Fixer-Handyman Special
Year Built
1950
Living Area
2,160
Acres
0.15
Subdivision
Aurora Heights
Neighborhood
Metro15/AUN
MLS Area Major
Metro Denver

Property Description

INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Unfinished basement offers potential to make it a 5 unit investment. Currently 100% occupied with month to month leases. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes-enhancing rental appeal and future appreciation potential. This property must be purchased alongside 1435 Lima St. (two doors down) for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.

Additional Information

Taxes
$3,766
Property Description
Fixer-Handyman Special
Appliances
Refrigerator
Heating
Ductless
Levels
One
Roof
Other
Parking Features
Off Street
Garage Spaces
2
School District
Adams-Arapahoe 28J
Elementary School
Kenton
Middle School
Aurora West
High School
Aurora Central

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