Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
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$899,950

$939,950

4.3%
Est.Price: ?

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Est. payment /mo

11 Beds

6 Baths

4,728 SqFt


SOLD DATE : 11/21/2024

Key Details

Sold Price $899,950

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,728 sqft

Price per Sqft $190

Subdivision Lyn Acres #1

MLS Listing ID 9942966

Sold Date 11/21/24

Bedrooms 11

HOA Y/N No

Abv Grd Liv Area 3,328

Originating Board recolorado

Year Built 1971

Annual Tax Amount $4,328

Tax Year 2023

Property 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.

Location

State CO

County Arapahoe

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Cooling Attic Fan

Fireplace N

Laundry In Basement

Exterior

Roof Type Composition

Total Parking Spaces 3

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Lansing

Middle Schools South

High Schools Aurora Central

School District Adams-Arapahoe 28J

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Real Broker, LLC DBA Real • steven@pathhometeam.com,303-587-0402
Bought with West and Main Homes Inc

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Vanessa Guzman

Broker-Owner | Lic# ER.040014737

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