1408 Lima St
Aurora, CO 80010
4 Beds
2 Baths
1,714 Sq Ft
58 Days on Market
For Sale $480,000
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Courtesy of Denver Property Team

Listing Agent & Comments

Alexander SaldanaDenver Property Team
303-552-4804alex@reframingrealestate.com License #100042865
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.)

MLS# 2000119 • Data provided by IRES
Additional home details
Living Area1,714 Sq.Ft.
Lot Size7,667 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1952
Property TypeSinge Family Attached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$1,962
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$867,541
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage

1408 Lima St., Aurora, CO 80010

Singe Family Attached
4 Beds
2 Baths
1,714 Sq Ft
58 Days on Market

Listing Agent & Comments

Alexander SaldanaDenver Property Team
303-552-4804alex@reframingrealestate.com License #100042865
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.)

MLS# 2000119 • Data provided by IRES
Additional home details
Living Area1,714 Sq.Ft.
Lot Size7,667 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1952
Property TypeSinge Family Attached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$1,962
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $480,000
Request tour
Save
Courtesy of Denver Property Team
1408 Lima St
Aurora, CO 80010
4 Beds
2 Baths
1,714 Sq Ft
58 Days on Market

Listing Agent & Comments

Alexander SaldanaDenver Property Team
303-552-4804alex@reframingrealestate.com License #100042865
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.)

MLS# 2000119 • Data provided by IRES
Additional home details
Living Area1,714 Sq.Ft.
Lot Size7,667 Sq.Ft.
Total Rooms--
Bedrooms4
Bathrooms2
Stories1
Year Built1952
Property TypeSinge Family Attached
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$1,962
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$867,541
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $480,000
Request tour
Save
Courtesy of Denver Property Team