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    Renovated Six-Plex Investment Opportunity Title is generated by Realmo AI

    1592 Lansing Street, Aurora, CO 80010

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    For Sale
    $950,000

    Move-in ready six-plex generating strong cash flow.

    Type:Commercial
    Property size:
    3,830 SF
    Price / SF:
    $248/SF
    Added:
    Feb 13, 2026
    Days on Market:
    116
    Last Refresh:
    Apr 5 at 9:03 pm

    Property Features for 1592 Lansing Street

    General Information

    Standard status
    Active
    Size
    3,830 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1958

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    Listing Contact
    VINH LAM

    Listing agent VINH LAM

    Listing office COLDWELL BANKER REALTY 18

    Listing date Feb 13, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY 18

    HighLights

    • Strong and immediate cash flow, currently generating just under $7,000 per month in rental income.
    • Potential to generate over $8,000 in rental income per month once fully occupied.
    • Nicely renovated and move‑in ready with no deferred maintenance.
    • Brand new roof.
    • Dedicated parking spaces for each residence.
    • Well‑maintained asset providing stability and long‑term upside.

    Overview

    Located at 1592 Lansing St, this six-plex presents an investment opportunity. The property is almost fully occupied and generates just under $7,000 per month in rental income. Once the last unit is occupied, the expected rental income is over $8,000 per month. The property has been renovated and is move-in ready, requiring no deferred maintenance or projects. Key features include a new roof and dedicated parking spaces for each residence. The property is thoughtfully updated and well-maintained, providing stability and long-term upside for investors. The property size is 3,830 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $99.7k $26.04
    − Vacancy −$6.8k −$1.77
    EGI $93.0k $24.27
    − OpEx −$41.8k −$10.92
    NOI $51.1k $13.35
    3,830 SF · lease $26.04/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $730.3K
    $639.0K – $852.1K (±1% cap)
    NOI $51,123 @ 7.0% cap · market cap 5.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.07M
    $936.4K – $1.25M (±1% cap)
    NOI $74,915 @ 7.0% cap · market cap 7.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.86
    Latitude
    39.7403

    FAQs

    What type of property is this?
    Apartment building - Move-in ready six-plex generating strong cash flow.
    Where is this apartment building located?
    The property is located at 1592 Lansing Street Aurora, CO.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Strong and immediate cash flow, currently generating just under $7,000 per month in rental income.; Potential to generate over $8,000 in rental income per month once fully occupied.; Nicely renovated and move‑in ready with no deferred maintenance.
    More about this property
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