N/A, Colorado Springs, CO

$640,000

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8

Beds

4

Baths

3,020

Square feet

About N/A

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.

Features of N/A

MLS® # 1955789
Price $640,000
Bedrooms 8
Bathrooms 4.00
Square Footage 3,020
Acres 0.00
Year Built 1951
Type Residential Income
Sub-Type Income Property
Style Ranch
Status Active

Community Information

Address N/A
Area Colorado Springs
Subdivision Colorado Springs
City Colorado Springs
County El Paso
State CO
Zip Code 80904

Amenities

# of Garages 4
Garages Off Street
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Stories One

Exterior

Roof Fiberglass
Construction Stucco

School Information

District Colorado Springs 11
Elementary Bristol
Middle Holmes
High Coronado

Additional Information

Days on Market 10
Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentNic Polaski
OfficeCushman & Wakefield
Contact InfoNic.Polaski@cushwake.com,719-238-9074

Listing Map

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