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.
Location
Legal
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Listing Courtesy
Listing Agent: Steven Pilkington (#023203), Phone: (303) 587-0402
Listing Office: First Colorado Land Office, Inc. (#M2988)
Listing Courtesy (Buyer)
Buyer's Agent: Michelle Betts (#041881)
