Laura Jewett

Laura Jewett

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Active

$899,999

($522,493 down)
VA

9 Lansing Street, Aurora, CO 80010

6
6
3,136 sqft
PITI Monthly
$2,349.73 /mo

Listing courtesy of: Brad Uhlig, West Peak Properties

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,798 /mo
$2,823 /mo

What's Special

FINISHED BASEMENT
PATIO
MOUNTAIN VIEWS

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.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$2,349.73/mo
Estimated Loan Balance
$378,308
Cash to close
$522,493
Interest Paid
$58,663

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 6
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Triplex
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lyn Acres
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $286.99
  • Tax Annual Amount: $4017
  • On Market Date: 2025-01-24T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $522,493 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $522,493!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$377,506
Your Cash:$522,493
Total Purchase Price:$899,999

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,798/mo
Traditional @ 7.5%
$2,928/mo
You save $1,130/month ($13,556/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4133802

Listing From: recolorado

Last updated: 2025-03-12T14:47:20.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,798 /mo
$2,823 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $522,493 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $522,493!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$377,506
Your Cash:$522,493
Total Purchase Price:$899,999

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,798/mo
Traditional @ 7.5%
$2,928/mo
You save $1,130/month ($13,556/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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