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James T. Wanzeck
At RE/MAX Professionals (formerly Masters Millennium), James T. Wanzeck and his team are dedicated to providing superior customer service and 100% cli...
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With courtesy of
Denver Property Team
Posted by
REcolorado (Denver)
Denver Property Team
Posted by
REcolorado (Denver)
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1440 Lima Street
Aurora, CO 80010 — Arapahoe CountyResidential $900,000 Active Listing# 9773278
4000.00 sqft Lot size: 8799.00 sqft 0.20 acres 1956 build
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Property Description
So many options on this multifamily! Currently 5 units, 4, 1 bed units and 1, 2 bed unit, with a basement at the end of the building not currently being utilized. Option to make the basement a part of the 2 bed unit making it into a 4 bed, or, create a whole new unit as it has it's own entrance into the basement, making it a 6 unit. Currently under rented at $1300/unit. If you turn into section 8, Aurora is at $1800/1 bed unit/month and $3225/4 bed unit with converting the basement. Current cap rate at a $900k purchase price is over 6%. (Docs attached for the City of Aurora's Section 8 allowances.) All units are on month to month verbal leases.
Listing Details
- Property Type
- Residential
- Listing#
- 9773278
- Source
- REcolorado (Denver)
- Last Updated
- 03-03-2025 09:05pm
- Status
- Active
- Off Market Date
- 11-30--0001 12:00am
Property Details
- Property Subtype
- Multi-Family
- Sold Price
- $900,000
- Original Price
- $1,000,000
- Location
- Aurora, CO 80010
- SqFT
- 4000.00
- Year Built
- 1956
- Acres
- 0.20
Map
Property Level and Sizes
- SqFt Lot
- 8799.00
- Lot Size
- 0.20
Financial Details
- Previous Year Tax
- 4017.00
- Year Tax
- 2023
- Primary HOA Fees
- 0.00
Interior Details
- Utilities
- Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Exterior Details
- Water
- Public
- Sewer
- Public Sewer
Garage & Parking
Exterior Construction
- Roof
- Architecural Shingle
- Construction Materials
- Brick, Frame
Land Details
- PPA
- 0.00
- Road Frontage Type
- Public
- Road Responsibility
- Public Maintained Road
- Road Surface Type
- Paved
- Sewer Fee
- 0.00
Schools
Walk Score®
Listing Media
- Virtual Tour
- Click here to watch tour
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