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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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    $2,361/mo

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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#: 9942966MLS Logo

    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

    DateEventPrice
    11/21/2024Sold$899,950-4.3%$180/sqft
    Source: REcolorado #9942966
    10/16/2024Pending sale$939,950$188/sqft
    Source: REcolorado #9942966
    10/8/2024Listed for sale$939,950+192.8%$188/sqft
    Source: REcolorado #9942966
    8/29/2022Listed for rent$2,450+11.6%
    Source: Zillow Rental Network Premium
    6/15/2020Listing removed$2,195
    Source: Go Section8

    Public tax history

    YearProperty taxesTax 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
    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.

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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