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William Watson

bill@watsonrg.com +1(720) 463-0002

$395,000

Est. payment - /mo

2,160 SqFt

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Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $182

Subdivision Aurora Heights

MLS Listing ID 2540969

HOA Y/N No

Year Built 1950

Lot Size 6,578 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Property Description

INVESTOR SPECIAL! PRICED TO SELL - HUGE PRICE DROP! Value-Add Quadplex! After repair value $710k! Unfinished basement offers potential to make it a 5 unit investment. Currently 100% occupied with month to month leases. 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.

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 1435 Lima St. (two doors down) for a total of 8 units. Total purchase price is $790,000. Please note - cash or hard money only and no contract re-assignments.

Location

State CO

County Arapahoe

Rooms

Basement Unfinished

Interior

Heating Wall Furnace

Cooling Other

Appliance Oven, Refrigerator

Exterior

Fence None

Waterfront Description Public

Roof Type Other,Unknown

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Adams-Arapahoe 28J, Middle/Junior: Adams-Arapahoe 28J, High: Adams-Arapahoe 28J

Others

Senior Community No

Tax ID 1973-02-2-01-011

Special Listing Condition None Known

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Listed byKeller Williams Integrity Real Estate LLC

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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1455 Lima ST Aurora, CO 80010