38 Lansing Street
Aurora, CO 80010
4992 sqft | 11 beds | #9942966
Description
Exceptional Triplex investment opportunity with incredible consistent cash flow with section 8 guaranteed rents. A long list of improvements all with a focus on creating an easy ownership and management experience keeping expenses down and rents up.
Xeriscape landscaping for very easy low-cost maintenance. All units have new furnaces & water heaters within the past 5-7 years. The roof was replaced in 2015. The basements have been finished adding the additional bedrooms & laundry. Private parking for 3 vehicles. Unit 38 has a private fenced-in yard. Minimal fixed expenses are limited to just water bills, property insurance, and property taxes. Most recorded maintenance was related to turning a unit for a new tenant in 2023.
Total Income Summary History for 38-40-42 Lansing St, Aurora, CO: 2019: $64,168.31 ---- 2021: $69,711.35 ---- 2022: $78,948.51 ---- 2023: $86,877.88 ---- 2024: $89,940.00
Please DO NOT disturb tenants. The property is fully rented. No showings without accepted LOI or Contract to Purchase.
Contact the Listing agent for all questions. The owner is a licensed Colorado agent.
Interior Details
- Bedrooms11
Property Details
- Square Feet4992
Construction Details
- BasementFinished, Full
- Property TypeMulti-Family
Condition
- Year Built1971
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionLyn Acres #1
Location
- School DistrictAdams-Arapahoe 28J
- High SchoolAurora Central
- CountyArapahoe
- Elementary SchoolLansing
- Middle SchoolSouth
Financial Details
- Original List Price$939,950
- Taxes Annual$4,328
Other
- MLS #9942966
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Steven Pilkington (#REC023203)
Listing Office: Real Broker, LLC DBA Real (#RECM2988)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
