1431 Lima Street Unit

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Active Aurora, CO 80010 MLS# 8186456 Listed by Aidan McGuire on 10/25/2021
$460,000
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Multi-Family Property Type
4 Bedroom
2 Bathroom
2 Garage
1392.00 Sq Ft
0.13 Acres
1951 Year Built

Overview

LOCATION LOCATION LOCATION! 1431-1433 Lima St is a phenomenal investment opportunity to own a fully functioning duplex in a central location [6.4% Cap Rate]. One side currently occupied with great tenants and One side is vacant and move in ready. Updated in 2015 with new appliances, no scape landscaping, windows, and 2 new furnaces (2020). Both units have beautiful hardwood floors throughout. A great opportunity for owner-occupant to live in one unit and rent out the other. Includes 3 off street parking spots and a two car garage that rents separately for $200 a month. There is plenty of on street parking as well. Central Location only 5 minutes from Anschutz or the VA Hospital. Surrounded by public transit, shops, and restaurants. Easy access to DIA or downtown Denver via I225 and I70. 5 min drive to Colfax light rail station.

New Home Sales Hours

Courtesy Of MCGUIRE REALTY
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays Exterior Maintenance,Grounds Care,Taxes,Trash Collection
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Crawl Space
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 1,392
    • Living Area, Finished 1,392
    • Above grade, Finished 1,392
    • Basement, Finished 0
    • Basement, Unfinished 0
    • PSF Total $330.46
    • PSF Finished $330.46
    • PSF Above Grade $330.46
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls 1 Common Wall
    • Exclusions Personal property of tenants
    • Flooring Tile,Wood
    • Furnished
    • Interior Features Ceiling Fan(s),Granite Counters,No Stairs
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 2
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 4
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 2 Bedroom
    • Total Units 2
    • Average Rent 1300.00
    • Average SqFt 696.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Side by Side brick duplex
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 2
    • Bathrooms per Unit 1
    • Parking Per Unit 2

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Duplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Traditional
    • Construction Materials Brick
    • Foundation Details Concrete Perimeter
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Rain Gutters
    • Fencing None
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Front Porch
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Landscaped
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.13
    • Lot Size Dimensions
    • Lot Size SqFt 5,837
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $3,538,461.54
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility Public Maintained Road
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features
    Asphalt

    • Total Parking Spaces 5
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 3
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Forced Air
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service 110V,220 Volts
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 6.40
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $3,597
    • Operating Expense Includes Insurance,Maintenance,Personal Property Tax
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $29,403
    • Gross Income $33,000
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $3,597
    • Projected Annual Net Income $30,603
    • Projected Gross Income $34,200
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $2,397
    • Legal Description LOTS 23-24 BLK 4 AURORA HTS
    • Tax Exemptions
    • Tax ID 031073812
    • Tax Year 2020
    Other
    • Tenant Pays Cable TV,Electricity,Gas,Internet,Water
    • Utilities Metering Common Water,Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision aurora heights
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $460,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty 0
    • Ownership Individual
    • Possession
    • Special Listing Conditions None Known
    • Year Built 1951

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    School Zone

    District: Adams-Arapahoe 28J
    Schools: Kenton Elementary School, Aurora Central High School, Aurora West Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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