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$939,950

Est. payment - /mo

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11 BD

6 BA

4,728 SqFt

Pending

38 Lansing ST Aurora, CO 80010

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Robert Hryniewich

[email protected] +1(303) 564-8900

UPDATED:

10/16/2024 02:44 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,728 sqft

Price per Sqft $198

Subdivision Lyn Acres #1

MLS Listing ID 9942966

Bedrooms 11

HOA Y/N No

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

Story Two

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

Listed by Real Broker, LLC DBA Real • [email protected],303-587-0402

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Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

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Robert Hryniewich

38 Lansing ST Aurora, CO 80010

Robert Hryniewich

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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38 Lansing ST