Menu9 Lansing Street
Aurora, CO 80010 — Arapahoe county
Price
$899,999
Sqft
4704.00 SqFt
Baths
6
Beds
6
Description
Great opportunity for this well cared for, value-add, Tri-plex with the ability to achieve a 9% cap rate by adding bedrooms.
Owner occupied for 36 Years! Tenants will love what this property has to offer! Perfect to live in one unit and rent the others or buy as an investment.
This property qualifies for a credit of 1.75% of the loan amount when financed through Guardian Mortgage that can be used to buy the rate down or towards closing costs.
Located in a quiet corner of the neighborhood, just east of Lowry and the Common Grounds golf course. Two miles south of the Fitzsimons Medical Center. Easy access to the Highline Canal.
Side-By-Side, Townhouse-style apartment Units. Currently 2bd, 1.5ba units with unfinished basements ready for 3rd or even 4th bedrooms. Easy value add!
3 car garage and additional off street parking for cars or an RV. Very unique for the area!
Nice rear patios and large back yard. Mountain views from the upstairs bedrooms!
Lots of updates including new exterior siding and paint, updated flooring, fresh interior paint, some new windows, and newer counter tops. Middle unit has central A/C!
7.6% cap rate with current 2bd units. Easily add bedrooms to achieve an 8 or 9% cap rate.
Two units are currently owner occupied. One unit is vacant. Owners will be moving out at closing.
Property Level and Sizes
SqFt Lot
12023.00
Lot Size
0.28
Basement
Unfinished
Interior Details
Appliances
Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator
Laundry Features
In Basement
Electric
Central Air
Cooling
Central Air
Heating
Forced Air
Fireplaces Features
Family Room
Utilities
Cable Available, Electricity Connected, Natural Gas Connected
Exterior Details
Features
Private Yard
Lot View
Mountain(s)
Water
Public
Sewer
Public Sewer
Land Details
Road Responsibility
Public Maintained Road
Garage & Parking
Parking Features
Concrete, Exterior Access Door
Exterior Construction
Roof
Composition
Construction Materials
Frame
Exterior Features
Private Yard
Security Features
Smoke Detector(s)
Builder Source
Public Records
Financial Details
Previous Year Tax
4017.00
Year Tax
2023
Primary HOA Fees
0.00
Location
Schools
Elementary School
Lansing
Middle School
South
High School
Aurora Central
Walk Score®
Contact me about this property
Anne O'Brien
HomeSmart Realty Group
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
- (303) 332-9504 (Mobile)
- Invitation Code: anneobrien
- anneobriencllc@gmail.com
- https://AnneObrienHomes.com
Contact Me
With courtesy of West Peak Properties Posted by REcolorado (Denver)
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