Aurora, CO 80010,58-62 Lima ST
See all 30 photos
Aurora, CO 80010,58-62 Lima ST
Aurora, CO 80010,58-62 Lima ST
Aurora, CO 80010,58-62 Lima ST
Aurora, CO 80010,58-62 Lima ST

$1,020,000

Est. payment /mo

$1,050,000

2.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

58-62 Lima ST Aurora, CO 80010

9 Beds

6 Baths

4,984 SqFt

SOLD DATE : 11/07/2023

Key Details

Sold Price $1,020,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,984 sqft

Price per Sqft $204

Subdivision Lyn Acres #1

MLS Listing ID 6079271

Sold Date 11/07/23

Style Mid-Century Modern

Bedrooms 9

HOA Y/N No

Originating Board recolorado

Year Built 1972

Annual Tax Amount $3,892

Tax Year 2022

Lot Size 0.260 Acres

Acres 0.26

Property Description

Introducing an exceptional investment opportunity in Aurora, Colorado! This triplex offers an array of enticing features and benefits for astute investors seeking steady income and potential capital appreciation. Situated in close proximity to the renowned Anschutz Campus, this property guarantees a favorable location for attracting tenants and ensuring a high demand for housing.

With post-renovation stabilized rents projected at $2,500 per month, this triplex provides a secure and reliable rental income stream. Two of the units are currently rented, providing an immediate and guaranteed return on investment. Furthermore, the third unit has undergone extensive renovations and is now ready to welcome a tenant at a projected market rent of $2,500, amplifying the potential for increased profitability.

Each unit within this triplex features a spacious layout encompassing three bedrooms and two bathrooms, ideal for accommodating families and professionals seeking ample living space. The mid-century architecture with brick accents exudes a timeless appeal, combining aesthetics with functionality. Additionally, the property boasts outdoor space and convenient parking, enhancing the overall desirability for tenants.

Recently painted and landscaped, the exterior of the triplex exudes a fresh and welcoming ambiance, further increasing its curb appeal. This investment opportunity showcases remarkable potential for a strong cap rate when rented at market rates, currently estimated at 6.6 percent.

Don't miss out on this incredible chance to invest in a thriving market. Aurora, Colorado presents a promising real estate landscape, and this triplex is perfectly positioned to capitalize on the region's growth. Act now and seize the potential for long-term financial success and stability. Contact us today to explore this remarkable opportunity further!

Location

State CO

County Arapahoe

Rooms

Basement Finished

Interior

Interior Features Laminate Counters

Heating Forced Air

Cooling Central Air, None

Flooring Carpet, Laminate, Tile

Fireplace N

Appliance Dishwasher, Oven, Refrigerator

Exterior

Roof Type Composition

Total Parking Spaces 6

Garage No

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Lansing

Middle Schools South

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo, Other

Listing Terms 1031 Exchange, Cash, Conventional, Jumbo, Other

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


REColorado (REColorado MLS)
Listed by Compass - Denver • melissa.farrar@compass.com,425-221-0712
Bought with PMG Realty

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.