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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!

Overview

Property Status
Sold
Lot Size
0.26 Acres
MLS ID
6079271
Property Type
Multi-Family
Year Built
1972

Features & Amenities

Architecture Styles
Mid-Century Modern
Stories
1
Water Source
Public
Roof
Composition
Heat Type
Forced Air
Air Conditioning
Central Air, None
Other Interior Features
Laminate Counters
Sewer
Public Sewer
Elementary School
Lansing
Middle School
South
High School
Aurora Central
School District
Adams-Arapahoe 28J
Sales Price
$1,020,000
Real Estate Tax
$3,892/yr

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58-62 Lima Street

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