Movoto Real Estate
Sold on 11/07/2023

58 Lima St, Aurora, CO 80010

$1,020,000

Last sold 11/07/2023 after 137 Days

  • 9

    bed

  • 6

    bath

  • 4,984

    Sqft ($205/Sqft)

Multi-family not for sale

About 58 Lima St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 0.26 Acre
Parking 6 garage spaces
Property description
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!
Listed by
Listing Agent - Melissa Farrar
Listing Agent Contact: Melissa.farrar@compass.com, 425-221-0712
Listing Office - Compass - Denver
Source: IRESMLS mls logo
MLS#6079271 • last updated 10 months ago
Movoto checked IRESMLS for data 3 hours ago
Overview
Heating Forced Air
Levels/Style One, Contemporary
MLS # 6079271
Type Residential Income
Status Sold
Living Area 4984
Lot Size (Acres) 0.26
Annual Tax 3892
Interior
Total # of Bathrooms 6
Total # of Bedrooms 9
Basement Partially Finished
Exterior
Roof Composition
Construction Brick
Patio & Porch Patio
Amenities / Utilities
Utilities Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Water Source City
Appliances Dishwasher, Refrigerator
Location
County Arapahoe
Subdivision Lyn Acres #1
Middle School South
High School District Adams-Arapahoe 28J
Multifamily Details
Total # of Units 3
Cap Rate 6.599
Operating Expense 18432
Gross Income 68400
We are not permitted to show value estimates for this property.
  • Nov 2023
    Public Records
  • Nov 13, 2023 Sold
    $1,020,000
  • Nov 2023
    mls logo MLS # 6079271
  • Nov 7, 2023 Sold
    $1,020,000 (-2.9%)
  • Jun 23, 2023 Listed
    $1,050,000 (+441.5%)
  • May 2008
    mls logo MLS # 543989
  • May 21, 2008 Sold
    $193,911
  • May 2008
    Public Records
  • May 20, 2008 Sold
    $193,911 (-42.8%)
  • May 2004
    Public Records
  • May 11, 2004 Sold
    $339,000 (+23.3%)
  • Apr 2001
    Public Records
  • Apr 18, 2001 Sold
    $275,000
  • Year Property taxes Tax assessment
  • 2024
    $4,462 +3.1%
    $60,938 +30.87%
  • 2023
    $4,328 +11.2%
    $46,565 +20.14%
  • 2022
    $3,892 -5.2%
    $38,760 -16.76%
  • 2021
    $4,106 +21.4%
    $46,565 +42.63%
  • 2019
    $3,381 +7.2%
    $32,647 +9.47%
  • 2018
    $3,153 +15.0%
    $29,822
  • 2017
    $2,743 +45.6%
    $29,822
  • 2015
    $1,884
  • 58 Lima St
    $1.02M
  • Highline Villages
    $290K -6% y/y
  • 80010
    $400K -4% y/y
  • Aurora
    $479K -3% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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