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
Parking
- Parking Spaces3
Construction Details
- BasementFull, Partially Finished
- Property TypeMulti-Family
Condition
- Year Built1971
Utilities / Energy Details
- Sewer InformationCity Sewer, Public Sewer
- Utility SourceCity Water
Community and Neighborhood Details
- SubdivisionLyn Acres #1
Location
- High SchoolAurora Central
- CountyArapahoe
- Elementary SchoolLansing
- Middle SchoolSouth
Other
- MLS #9942966
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Steven Pilkington (#023203), Phone: (303) 587-0402
Listing Office: First Colorado Land Office, Inc. (#M2988)
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.
