1391 Lima St, Aurora, CO 80010 – 1019856 - Jim Thomas

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Jim Thomas

jim@thomasratay.com +1(720) 317-9621

$1,398,000

Est. payment - /mo

1 Bed

2 Baths

6,098 Sqft Lot

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UPDATED:

10/19/2024 05:53 PM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Aurora Heights

MLS Listing ID 1019856

Bedrooms 1

HOA Y/N false

Originating Board IRES MLS

Year Built 1965

Annual Tax Amount $7,130

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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.

Location

State CO

County Arapahoe

Community Extra Storage

Area Metro Denver

Zoning OA-RMU

Rooms

Basement None

Interior

Heating Radiator

Cooling Room Air Conditioner

Fireplaces Type None

Fireplace false

Laundry Common Area

Exterior

Community Features Extra Storage

Utilities Available Natural Gas Available, Electricity Available

Waterfront false

Roof Type Composition

Street Surface Paved

Building

Lot Description Corner Lot, Level

Story 2

Sewer City Sewer

Water City Water, City

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Kenton

Middle Schools South

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community false

Tax ID 197302216024

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)

Listed by RE/MAX Alliance-Boulder • 3036181171

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Jim Thomas

+1(720) 317-9621

Principal & Broker Associate | FA100031661

Principal & Broker Associate FA100031661

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