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+17205263770
Boulder Luxury
1435 Lima St, Aurora, CO 80010
- $395,000
- 4
- BD
- 4
- BA
- 2,270
- SqFt
- List Price
- $395,000
- Status
- PENDING
- MLS#
- 7413329
- Price Change
- ▼ $80,000 1784083783
- Year Built
- 1954
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,270
- Region
- Metro Denver
- Subdivision
- Delmar Parkway
Property Description
INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Month to month leases - 100% occupied. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Perfect for investors seeking a light-to-heavy rehab multifamily deal, this property presents the chance to unlock value and increase NOI in a high-demand rental market. With strong fundamentals and flexible lease terms, investors can quickly implement improvements and maximize long-term returns. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes-enhancing rental appeal and future appreciation potential. This property must be purchased alongside 1455 Lima St. for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.
Additional Information
- Taxes
- $3,412
- Style
- Fixer-Handyman Special
- School District
- Adams-Arapahoe 28J
- Elementary School
- Kenton
- Middle School
- Aurora West
- High School
- Aurora Central
- Heating
- Baseboard
- Utilities
- Separate Meters, Separate Meters
- Garage Spaces
- 4
- Tenant Pays
- Gas, Electricity
Listing courtesy of Michelle Glass.
MichelleDirect@kw.com,720-575-2870
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