1435 Lima Street, Aurora, CO 80010
Local realty services provided by:LUX Real Estate Company ERA Powered
1435 Lima Street,Aurora, CO 80010
$395,000
- 4 Beds
- 4 Baths
- 2,951 sq. ft.
- Multi-family
- Active
Listed by: michelle glass
Office: keller williams integrity real estate llc.
MLS#:7413329
Source:ML
Price summary
- Price:$395,000
- Price per sq. ft.:$133.85
About this home
INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Month to month leases - 100% occupied. Currently the most affordable multifamily property in Aurora. This value-add, income-producing asset offers immediate cash flow with significant upside through renovations, rent increases, or repositioning. Perfect for investors seeking a light-to-heavy rehab multifamily deal, this property presents the chance to unlock value and increase NOI in a high-demand rental market. With strong fundamentals and flexible lease terms, investors can quickly implement improvements and maximize long-term returns. Strategically located just 1 mile from UCHealth University of Colorado Hospital, the property benefits from consistent tenant demand driven by a major employment hub. Residents also enjoy proximity to Stanley Marketplace, Lowry, and Anschutz Medical Campus, all within minutes—enhancing rental appeal and future appreciation potential.
This property must be purchased alongside 1455 Lima St. for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments....
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Home facts
- Year built:1954
- Subdivision & Development:Delmar Parkway
- Listing ID #:7413329
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Partial, Unfinished
- Living area:2,951 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1954
- Building area:2,951 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Concrete, Stucco
- Levels:1 Story
Schools
- High school:Aurora Central
- Middle school:Aurora West
- Elementary school:Kenton
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$133.85
- Tax amount:$3,412 (2025)
Parking
- Total parking spaces:4
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