1341 Lima St, Aurora, CO 80010

Property Description

INVESTOR SPECIAL! FIX & FLIP OPPORTUNITY WITH THREE-CAR GARAGE AND SEPARATE BASEMENT ENTRANCE! Bring your vision to 1341 Lima Street in Aurora! This 4-bedroom, 2-bath home offers over 2,200 reported finished square feet and outstanding potential for investors, contractors, renovators, or buyers looking for a value-add property. The home needs significant updating and repairs, making it an ideal candidate for a fix-and-flip, full renovation, or sweat-equity project. One of the property's standout features is the oversized detached three-car garage, which includes a partially built-out area with a toilet and kitchenette-style space. The garage provides flexibility for vehicle storage, workshop use, hobbies, or future improvements. The home also features a separate exterior basement entrance accessible from the backyard, offering opportunities to reconfigure the lower level for additional living space, guest accommodations, or a potential separate living area, subject to applicable zoning, permits, and city approvals. The roof was replaced in 2020, and electrical improvements have been completed since purchase. Additional updates and repairs are needed throughout. Conveniently located near the Anschutz Medical Campus, formerly Fitzsimons, including UCHealth University of Colorado Hospital and Children's Hospital Colorado, with access to the Colfax corridor, I-225, Stanley Marketplace, Lowry, shopping, restaurants, parks, and other Aurora and Denver-area amenities. Whether you're searching for an investment property, fixer-upper, renovation project, rehab opportunity, or a home to customize and build equity, this property offers plenty of possibilities in an established Aurora neighborhood. PROPERTY SOLD AS-IS. Buyer to verify square footage, garage configuration, permitted uses, and any potential basement conversion or additional dwelling opportunities. 2020 Inspection and Sewer Reports are on the MLS Supplements