$760,000
Pending
48 Days Online
14 Beds4 Baths3,573 SQFT
Pending

903 Boggs Colorado Springs, CO 80910

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903 Boggs Pl, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, four new force air furnaces and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 903 Boggs Pl presents a turnkey investment opportunity with immediate cashflow. Four of the units are fully leased through 2024. This property offers a 8.05% cap rate and 8.32% cash on cash return! For investors looking for more scale this ownership group is also offering 2115 Preuss Rd, 2123 Pruess Rd, 2135 Pruess Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.

  • Property TypeMulti-Family
  • NeighborhoodProspect Park
  • CountyEl Paso
  • Taxes$1,574
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusPending
  • MLS ID Number8191667
  • Home Size Source Public Records
  • Year Built1969
  • Lot Size0.24 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking Asphalt
  • Parking Spaces 8
  • Sewer Public Sewer
  • Basement DaylightFinished
  • Number of Stories 2
  • Acreage 0.24
  • Water Public
  • Property Sub Type Quadruplex
  • Garage Spaces 0
  • Attached Garage No
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling None
  • Heating Baseboard
  • Flooring Vinyl
  • Laundry Features Common Area
  • Fireplace No

Exterior Features

  • Fencing Partial
  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No

Schools

School District
Colorado Springs 11
Elementary School
Hunt
Middle School
Academy for Advanced and Creative Learning
High School
Palmer

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Monthly Payment (Est.)

$3,692
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