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Sold for $1,020,000 on 11/07/23
  • $1,020,000

    58-62 Lima Street, Aurora, CO 80010

    9beds
    6baths
    4,984sqft
    Triplex
    Built in 1972
    -- sqft lot
    $1,092,700 Zestimate®
    $205/sqft
    $2,738 Estimated rent

    Owner options

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    $2,738/mo

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    $2,738/mo

    Rent Zestimate®

    Refinance and save

    $5,860/mo

    Est. payment

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    $5,860/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: November 07, 2023 at 11:18am

    Listed by:

    Melissa Farrar 425-221-0712 melissa.farrar@compass.com,

    Compass - Denver,

    Karlye Pokorney 312-675-1384,

    Compass - Denver

    Bought with:

    Eugeny Pomirchy, 100081295

    PMG Realty

    Source: REcolorado,MLS#: 6079271MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Central Air, None
    Appliances
    • Included: Dishwasher, Oven, Refrigerator
    Features
    • Laminate Counters
    • Flooring: Carpet, Laminate, Tile
    • Basement: Finished
    Interior area
    • Total structure area: 4,984
    • Total interior livable area: 4,984 sqft
    • Finished area above ground: 2,492
    • Finished area below ground: 2,492

    Property

    Parking
    • Total spaces: 6
    • Details: Off Street Spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground
    • Patio & porch: Patio
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 031124069
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Aurora
    • Subdivision: Lyn Acres #1

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,Jumbo,Other
    • Ownership: Corporation/Trust
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    Estimated market value
    $1,092,700