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$850,000
162 Days On Site
1440 Lima StreetAurora, CO 80010
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
4,000
SqFt
$213
/SqFt
1956
Built
County:
Arapahoe
Call Now: 303-809-9259
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303-809-9259



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Monthly Payment (Est.)
$3,878Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
So many options on this multifamily! Currently 5 units, 4, 1 bed units and 1, 2 bed unit, with a basement at the end of the building not currently being utilized. Option to make the basement a part of the 2 bed unit making it into a 4 bed, or, create a whole new unit as it has it's own entrance into the basement, making it a 6 unit. Currently under rented at $1300/unit. If you turn into section 8, Aurora is at $1800/1 bed unit/month and $3225/4 bed unit with converting the basement. Current cap rate at a $900k purchase price is over 6%. (Docs attached for the City of Aurora's Section 8 allowances.) All units are on month to month verbal leases.
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Listing Snapshot
Price
$850,000
Days On Site
162 Days
Bedrooms
N/A
Inside Area (SqFt)
4,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2 Acres
Year Built
1956
MLS® Number
9773278
Status
Active
Property Tax
$4,017
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
3 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Price changed to $850,000 | |
4 months ago | Status changed to Active | |
5 months ago | Listing first seen on site |
General Features
Acres
0.2
Additional Property Use
Residential
Parking Spaces
10
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
4000
Utilities
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedSewer Connected
Water Source
Public
Zoning
APT 4-8
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Exterior Features
Construction Details
BrickFrame
Lot Features
Near Public Transit
Community Features
Financing Terms Available
CashConventional
Roads
Paved
Listing courtesy of Denver Property Team [email protected]
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Denver Property Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Denver Property Team are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Neighborhood & Commute
Source: Walkscore
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