1408 Lima Street

Aurora, CO 80010

$480,000
Price
4
Beds
2
Baths
1,714 Sq. Ft.
$280 / Sq. Ft.
1,714
Sq. Ft.
$280
per Sq. Ft.

Description

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...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.)
  1. Listed by Alexander Saldana • Denver Property Team • alex@reframingrealestate.com,303-552-4804

Property Details for 1408 Lima Street

Structure Type
Duplex
Levels
One
Stories
1
Subdivision Name
Zurchers Sub
Association
No
Basement
No
LISTING UPDATED: 11/14/2024 09:40 AM

Property Details for 1408 Lima Street

StatusActive
MLS #2000119
Days on Compass2
Taxes$1,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential-Attached
Year Built1952
CountyArapahoe County

Building Information for 1408 Lima Street

Building/Complex1408 Lima StFloor-Stories-Pet Policy-Year Built1952Building Size-

Property Information for 1408 Lima Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 1714
  • Sqft Total: 1714
  • Living Area (SqFt Finished): 1714
  • Above Grade Finished Area: 1714
  • Living SqFt: 1714
  • Area Source: Public Records
  • PSF Total: 280
  • PSF Above Grade: 280
  • PSF Finished: 280
  • Master on Main: Yes
  • Room and Floor: Bedroom-Main-1, Bedroom-Main-2, Bedroom-Main-3, Bedroom-Main-4, Bathroom (Full)-Main-1, Bathroom (Full)-Main-2, Kitchen-Main-1, Kitchen-Main-2, Living Room-Main-1, Living Room-Main-2, Laundry-Main-1, Laundry-Main-2
  • Room Count: 12
  • Basement: Crawl Space
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
  • Upper Level Bedrooms: 0
  • Main Level Bedrooms: 4
  • Lower Level Bedrooms: 0
  • Basement Level Bedrooms: 0
Bathrooms
  • Bathrooms Total: 2
  • Upper Level Bathrooms: 0
  • Main Level Bathrooms: 2
  • Lower Level Bathrooms: 0
  • Basement Level Bathrooms: 0
  • Bathrooms Full: 2
  • Bathrooms Three Quarter: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
Detailed Room Info
Room 1
  • Room Type: Bedroom
  • Room Level: Main
Room 2
  • Room Type: Bedroom
  • Room Level: Main
Room 3
  • Room Type: Bathroom (Full)
  • Room Level: Main
Room 4
  • Room Type: Kitchen
  • Room Level: Main
Room 5
  • Room Type: Living Room
  • Room Level: Main
Room 6
  • Room Type: Laundry
  • Room Level: Main
Room 7
  • Room Type: Bedroom
  • Room Level: Main
Room 8
  • Room Type: Bedroom
  • Room Level: Main
Room 9
  • Room Type: Bathroom (Full)
  • Room Level: Main
Room 10
  • Room Type: Kitchen
  • Room Level: Main
Room 11
  • Room Type: Living Room
  • Room Level: Main
Room 12
  • Room Type: Laundry
  • Room Level: Main
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-4
  • Parking Details: 4
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 4
  • Parking Count: 4
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Kenton
  • Elementary School District: Adams-Arapahoe 28J
  • Middle Or Junior School: Aurora West
  • Middle Or Junior School District: Adams-Arapahoe 28J
  • High School: Aurora Central
  • High School District: Adams-Arapahoe 28J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 7667
  • Fencing: Full
  • Property Exclusions: None
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 1
  • Number of Out Buildings: 3.0
  • Horse: No
Building Information
  • Construction Materials: Brick, Frame
  • Roof: Architecural Shingle
  • Common Walls: 1 Common Wall
  • Exterior Features: Private Yard
  • Livable Structure Count: 0
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Electric: Electric

Public Records for 1408 Lima Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,962 ($163 / month)
Home Facts
Total Finished SqFt1,714 SqFtAbove Grade Finished SqFt1,714 SqFtStories1Lot Size7,667 SqFtStyleDuplexYear Built1952CountyARAPAHOEAPN1973-02-1-07-003

Schools near 1408 Lima Street

This home is within Adams-Arapahoe 28j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 12
Charter - K to 8
Rating
School
Distance
Kenton Elementary School
PublicPK to 5

Aurora Central High School
PublicPK to 12

Aurora West College Preparatory Academy
Public6 to 12

Vega Collegiate Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1408 Lima Street is a condo for sale in Aurora, CO 80010. This property was listed for sale on November 14, 2024 by Denver Property Team, it's currently listed at $480,000. This listing's school district is Adams-Arapahoe 28j School District. Nearby schools include Kenton Elementary School, Aurora Central High School and Aurora West College Preparatory Academy. 1408 Lima Street is a 4-bed, 2-bath, 1,714 sqft condo built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Denver Property Team, Alexander Saldana

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.