For more information regarding the value of a property, please contact us for a free consultation.
38 Lansing ST Aurora, CO 80010
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
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
Bedrooms 11
Year Built 1971
Annual Tax Amount $4,328
Tax Year 2023
Property Sub-Type Triplex
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
Interior
Heating Forced Air
Cooling Attic Fan
Laundry In Basement
Exterior
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Lansing
Middle Schools South
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Read Less

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with West and Main Homes Inc
GET MORE INFORMATION
- Homes For Sale in Aurora, CO
- Homes For Sale in Denver, CO
- Homes For Sale in Castle Rock, CO
- Homes For Sale in Franktown, CO
- Homes for sale in Golden
- Homes For Sale in Greenwood Village, CO
- Homes For Sale in Highlands Ranch, Littleton, CO
- Homes For Sale in Parker, CO
- Homes for sale in Thornton
- Homes for sale in Westminster