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58-62 Lima Street, Aurora, CO 80010
$1,020,000
58-62 Lima Street, Aurora, CO 80010View this property at 58-62 Lima Street, Aurora, CO 80010
58-62 Lima StreetAuroraCO80010
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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!
Full Property Details
Full Property Details for 5862 Lima St
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General
- Sold For: $1,020,000
- Taxes: $3,892 (2022)
- Status: Closed
- Type: Triplex
- MLS ID: 6079271
- Added to Site: 321 day(s) ago
Interior
- Interior Features: Laminate Counters
- Appliances: Dishwasher, Oven, Refrigerator
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 6
Location
- County: Arapahoe
- Subdivision: Lyn Acres #1
School Information
- Elem School District: Adams-Arapahoe 28J
- Midd School District: Adams-Arapahoe 28J
- High School District: Adams-Arapahoe 28J
- Elementary School: Lansing
- Middle School: South
- High School: Aurora Central
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air, None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Mid-Century Modern
- Structure Type: Triplex
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Entry Location: Ground
- Square Feet: 4,984
- Sq. Ft. Source: Public Records
- Living Area: 4,984 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,195
- Road Maintenance: Public Maintained Road
Financial Considerations
- Tax Amount: $3,892
- Tax Year: 2022
- Terms: 1031 Exchange, Cash, Conventional, Jumbo, Other
- Owner Pays: Exterior Maintenance, Taxes, Trash Collection, Water
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.8%
- Ownership: Corporation/Trust
- Special Conditions: None
- Legal Description: S 34 FT OF LOT 4 & N 49 FT OF LOT 5 BLK 5 LYN ACRES NO 1
- Exclusions: Tenant's property, staging items, seller's personal property
- Property ID: 31124069
Listed by Compass - Denver
Sold by PMG Realty
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Schools
Schools serving 5862 Lima St
School District:Aurora Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2055 Moline St, Aurora, CO 80010 | PK-5 | 0.4 mi | |
12095 Montview Blvd, Aurora, CO 80010 | 6-8 | 0.6 mi | |
11700 E 11th Ave, Aurora, CO 80010 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
58-62 Lima Street, Aurora, CO 80010 (MLS# 6079271) is a Triplex property that was sold at $1,020,000 on November 07, 2023. Want to learn more about 58-62 Lima Street? Do you have questions about finding other Triplex real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.