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Sold for $1,020,000
  • $1,020,000

    58-62 Lima Street, Aurora, CO 80010

    9beds
    6baths
    4,984sqft
    Triplex
    Built in 1972
    -- sqft lot
    $1,049,700 Zestimate®
    $205/sqft
    $2,011 Estimated rent

    Home value

    $1,049,700

    $976,000 - $1.13M

    $2,011/mo

    Zestimate® history
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    $2,011/mo

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    $5,859/mo

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    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:

    Listing updated:

    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 as distributed by MLS GRID,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 & HOA

    Community
    • Subdivision: Lyn Acres #1
    HOA
    • Has HOA: No
    Location
    • Region: Aurora

    Financial & listing details

    • Price per square foot: $205/sqft
    • Annual tax amount: $3,892
    • Date on market: 6/23/2023
    • Listing terms: 1031 Exchange,Cash,Conventional,Jumbo,Other
    • Exclusions: Tenant's Property, Staging Items, Seller's Personal Property
    • Ownership: Corporation/Trust

    Price history

    DateEventPrice
    11/7/2023Sold$1,020,000-2.9%$205/sqft
    Source: REcolorado as distributed by MLS GRID #6079271 Report a problem
    9/26/2023Pending sale$1,050,000$211/sqft
    Source: REcolorado as distributed by MLS GRID #6079271 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Highline Villages

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lansing
    • Middle: South
    • High: Aurora Central
    • District: Adams-Arapahoe 28J

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,049,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,049,700