Homes for sale - 1391 Lima St, Aurora, CO 80010

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Kim And Troy Zwickle

kimzwickle@gmail.com +1(970) 218-4915

$ 1,375,000

Est. payment | -/mo

7 Beds

8 Baths

6,098 Sqft Lot

Save

$ 1,375,000

Est. payment | -/mo

Save

7 Beds

8 Baths

6,098 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Aurora Heights

MLS Listing ID 1019856

Bedrooms 7

HOA Y/N false

Year Built 1965

Annual Tax Amount $7,130

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Income Property

Source IRES MLS

Property Description

The Vermont Apartments is a prime 8-unit investment opportunity in the heart of Aurora's fast-growing Delmar Parkway neighborhood. This well-maintained multifamily asset combines strong in-place fundamentals with exceptional value-add potential. Each of the eight units has been thoughtfully renovated with updated interiors and modern appliances, offering turnkey appeal for tenants. Major capital upgrades include a 25-year Class 4 impact-resistant roof and a professionally installed radon mitigation system, both completed in 2021. The property features secure building access, on-site laundry, and private basement storage for each unit. With a Walk Score of 83, residents enjoy easy access to nearby restaurants, coffee shops, and grocery stores-enhancing both livability and rental demand. Current rents are below market, and the absence of a utility billback system presents immediate upside for increasing net income. Located just minutes from the Anschutz Medical Campus, the building is perfectly positioned for conversion to mid-term rentals catering to traveling nurses and healthcare professionals, unlocking even greater income potential. The property also benefits from proximity to three major city-led redevelopment projects: the Fitzsimons Village mixed-use transformation, the East Colfax Corridor Revitalization with a planned BRT transit line, and the Havana/11th/Del Mar infrastructure improvement initiative. With Aurora projected to grow by more than 40% by 2050, this property stands at the intersection of long-term appreciation, sustained demand, and smart urban development-making it a standout multifamily opportunity in one of metro Denver's most promising submarkets.

Location

State CO

County Arapahoe

Community Extra Storage

Area Metro Denver

Zoning OA-RMU

Rooms

Basement None

Interior

Heating Radiator

Cooling Room Air Conditioner

Fireplaces Type None

Fireplace false

Laundry Common Area

Exterior

Community Features Extra Storage

Utilities Available Natural Gas Available, Electricity Available

Roof Type Composition

Street Surface Paved

Building

Lot Description Corner Lot, Level

Story 2

Sewer City Sewer

Water City Water, City

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Kenton

Middle Schools South

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community false

Tax ID 197302216024

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Valerie Cannistraro • RE/MAX Alliance-Boulder • 3036181171

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 218-4915

kimzwickle@gmail.com

201 E 4th St, Loveland, CO, 80537

1391 Lima St Aurora, CO 80010