Colorado Springs, CO 80904,Address not disclosed
Colorado Springs, CO 80904,Address not disclosed
Colorado Springs, CO 80904,Address not disclosed
Colorado Springs, CO 80904,Address not disclosed
Colorado Springs, CO 80904,Address not disclosed
Colorado Springs, CO 80904,Address not disclosed
See all 22 photos

$450,000

$590,000

23.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8 Beds

4 Baths

3,020 SqFt


SOLD DATE : 05/28/2024

Key Details

Sold Price $450,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 3,020 sqft

Subdivision Colorado Springs

MLS Listing ID 1955789

Sold Date 05/28/24

Style Ranch

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,020

Originating Board REcolorado

Year Built 1951

Annual Tax Amount $1,509

Property Sub-Type Income Property

Property Description

Cushman and Wakefield is pleased to present this (4) unit multifamily investment opportunity located in the desirable Old Colorado City neighborhood. The West side location provides quick and easy access to Downtown Colorado Springs, Old Colorado City, Garden of the Gods and Manitou Springs. This opportunity presents a significant value-add play, both operationally and through unit renovations. The property consists of (4) single level 2 bed/1 bath units, with in-unit washer/dryer and is individually metered for gas/electric. The three occupied units are currently leased to long term tenants on month-to-month leases, allowing potential investors the opportunity to immediately increase rents or renovate units. The vacant unit is currently gutted down to the studs, giving potential buyers the ability to renovate the unit day one. With front and rear entrances, off street parking and immediate access to public transportation, this property is attractive to a wide range of tenants. For additional information and showing details please contact listing agent directly, as showings will not be available through the showtime app.

Location

State CO

County El Paso

Area Out Of Area

Zoning R4

Exterior

Garage Spaces 4.0

Roof Type Fiberglass

Building

Story 1

Sewer City Sewer, Public Sewer

Level or Stories One

Structure Type Stucco

New Construction false

Schools

Elementary Schools Bristol

Middle Schools Holmes

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Nic.Polaski@cushwake.com,719-238-9074
agent-avatar

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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