Sold for $899,950 on 11/21/24
$899,950
38 Lansing Street, Aurora, CO 80010
11beds
6baths
4,992sqft
Triplex
Built in 1971
-- sqft lot
$869,400 Zestimate®
$180/sqft
$2,361 Estimated rent
Home value
$869,400
$809,000 - $930,000
$2,361/mo
Zestimate® history
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What's special
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.
Zillow last checked: 8 hours ago
Listing updated: November 21, 2024 at 03:22pm
Listed by:
Steven Pilkington 303-587-0402 steven@pathhometeam.com,
Real Broker, LLC DBA Real
Bought with:
Michelle Betts, 100041881
West and Main Homes Inc
Source: REcolorado,MLS#: 9942966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- Forced Air
Cooling
- Attic Fan
Appliances
- Laundry: In Basement
Features
- Basement: Finished,Full
Interior area
- Total structure area: 4,992
- Total interior livable area: 4,992 sqft
- Finished area above ground: 3,328
- Finished area below ground: 1,400
Property
Parking
- Total spaces: 3
- Details: Off Street Spaces: 3
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 031123895
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Aurora
- Subdivision: Lyn Acres #1
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Individual
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2024 | Sold | $899,950-4.3%$180/sqft |
Source: | ||
| 10/16/2024 | Pending sale | $939,950$188/sqft |
Source: | ||
| 10/8/2024 | Listed for sale | $939,950+192.8%$188/sqft |
Source: | ||
| 8/29/2022 | Listed for rent | $2,450+11.6% |
Source: Zillow Rental Network Premium | ||
| 6/15/2020 | Listing removed | $2,195 |
Source: Go Section8 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,328 +11.2% | $46,565 -8.2% |
| 2023 | $3,892 -5.2% | $50,738 +30.9% |
| 2022 | $4,106 | $38,760 -4.9% |
Find assessor info on the county website
Neighborhood: Highline Villages
Nearby schools
GreatSchools rating
- 3/10Lansing Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Aurora Central High SchoolGrades: PK-12Distance: 1.2 mi
- 3/10Aurora Hills Middle SchoolGrades: 6-8Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Lansing
- Middle: South
- High: Aurora Central
- District: Adams-Arapahoe 28J
Source: REcolorado. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
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Estimated market value
$869,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$869,400

