1391 Lima ST Active Save Request In-Person Tour Request Virtual Tour
Aurora,CO 80010
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3317736
HOA Y/N No
Originating Board recolorado
Year Built 1965
Annual Tax Amount $7,130
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
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.
Location
State CO
County Arapahoe
Interior
Fireplace N
Exterior
Roof Type Wood
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Brick