#6842562, Ava Salazar, Listing Office: Gala Realty Group, LLC

9 Lansing St Aurora, CO 80010
Property details
About 9 Lansing St
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! 7.4% 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.
Highlights
Summary
- MLS Number: 4133802
- MLS Name: RECOLORADO
- Office Name: West Peak Properties
- Office Phone: (720) 989-7727
- Office Email: brad@westpeakproperties.com
- Listing Agent: Brad Uhlig
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Greenwood Village, CO 80111 USA
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$925,000
9 Lansing St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $46,565 | $4,016 |
2022 | $38,760 | $3,550 |
2021 | $40,755 | $3,746 |
2020 | $39,333 | $3,703 |
2019 | $39,607 | $2,596 |
2018 | $31,132 | $2,259 |
2017 | $31,132 | $2,158 |
History based on county public records data.
Nearby schools
4
Lansing Elementary School
Public District PK-5
0.6 mi
•551 Lansing St
3
Highline Community Elementary School
Public District KG-5
0.9 mi
•11000 E Exposition Ave
3
Fulton Academy of Excellence
Public District PK-5
1.1 mi
•755 Fulton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,927. Residents of Aurora, CO typically earn less than $<35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 9 Lansing St in Aurora, CO and zip code 80012 in the Lyn Acres neighborhood. This 3,136 square foot home, which was built in 1972, sits on a 0.28 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $925,000.
Aurora, CO housing market in February 2025 saw over 98 listings sold above listed price, more than 86 sold at listed price and over 181 sold below. The number of homes for sale in Aurora, CO increased by 15.2% between January and February 2025. In February 2025, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $489,840.