1391 Lima St Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80010
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
Year Built 1965
Annual Tax Amount $7,130
Lot Size 6,098 Sqft
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
Interior
Heating Radiator
Cooling Room Air Conditioner
Fireplaces Type None
Laundry Common Area
Exterior
Community Features Extra Storage
Utilities Available Natural Gas Available,Electricity Available
Waterfront false
Roof Type Composition
Building
Lot Description Corner Lot,Level
Story 2
Sewer City Sewer
Water City Water,City
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
Special Listing Condition Private Owner