Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
Aurora, CO 80010,38 Lansing ST
33
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$899,950
$939,950 4.3%
Est. payment /mo
11 BD
6 BA
4,728 SqFt
Sold on 11/21/2024

38 Lansing ST Aurora, CO 80010

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Laura Melquist
Laura Melquist

Broker Associate | License ID: FA.100094137

+1(303) 578-0755

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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


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

GET MORE INFORMATION

Laura Melquist

Broker Associate | License ID: FA.100094137

+1(303) 578-0755

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

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38 Lansing ST