9 Lansing Street

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.

Listing Office: West Peak Properties