Address Withheld
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.
- Property TypeMulti-Family
- NeighborhoodColorado Springs
- CountyEl Paso
- Taxes$1,509
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID Number1955789
- Home Size Source Assessor
- Year Built1951
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Ranch
- Construction Stucco
- Sewer Public Sewer
- Number of Stories 1
- Property Sub Type Multi Family
- Garage Spaces 4
- Attached Garage No
- Zoning R4
- Garage Off Street
- Tenant Pays GasElectricity
- Buyer Agent Compensation 2.50 %
Exterior Features
- Roof Fiberglass
- Waterfront Property No
- Waterfront No
Community Features
- Senior Community No
- MLS Area Out of Area