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Home » Real Estate » CO » Aurora » 80010 » 1391 Lima St, Aurora, CO, 80010
$1,398,000

1391 Lima St, Aurora, CO, 80010

1 Bed
2 Baths
5,320 Square Feet
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.
Offered By
Valerie Cannistraro 3036181171, RE/MAX Alliance-Boulder

Property Details

Property Type Residential Income
Status Active
Bedrooms 1
Property Sub Type Income Property
Square Feet 5,320
MLS # 1019856

Market Trends

New Properties On Market
24
4% Increase In New Listings
Average Asking Price
$523,339
$74,331 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$295
$3 Increase In List Price/Sq. Ft.
Average Days On Market
10
24 Day Decrease In Days On Market
Data as of Oct 05, 2024. Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 10/5/2024 at 1:45 pm