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. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
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.