$441,500
$475,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,714 SqFt
SOLD DATE : 03/03/2025
Key Details
Sold Price $441,500
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,714 sqft
Subdivision Zurchers Sub
MLS Listing ID 7091909
Sold Date 03/03/25
Style Ranch
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 1,714
Originating Board REcolorado
Year Built 1952
Annual Tax Amount $1,962
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Income Property
Property Description
Duplex for sale with 2, 2 bed/1 bath units for $480k! Also for sale next door is a 5 unit at 1440 Lima St for $1mil! Possible development play, rental play, house hacking play, lots of potential! City of Aurora Section 8 for a 2 bed is currently $2200/month per unit, and after utilities paid, would still pencil out an 8% cap rate with no property management. The units will need some reconfiguring to turn back into 2, 2 bed units. The current owner has been living there and made it work for their lifestyle by connecting both units together. The development play would involve buying the 5 plex next door and working with the City of Aurora to rezone. (Sellers property disclosure and the City of Aurora's Section 8 allowances in documents attached.)
Location
State CO
County Arapahoe
Area Metro Denver
Rooms
Other Rooms Outbuildings
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal
Exterior
Garage Spaces 4.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available
Roof Type Fiberglass
Building
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Kenton
Middle Schools Aurora West
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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