115 N Wahsatch AVE Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80903
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,166 sqft
Price per Sqft $243
Subdivision Colburns
MLS Listing ID 9544392
Style Victorian
Bedrooms 6
Year Built 1909
Annual Tax Amount $4,351
Tax Year 2022
Lot Size 7,840 Sqft
Property Description
Presenting a distinguished triplex residence poised for investment success. Strategically situated in downtown Colorado Springs near the corner of Wahsatch and Kiowa, each meticulously designed unit offers a blend of comfort and convenience, catering to discerning tenants and promising strong rental yields. Recent capital expenditure investments and remodels have enhanced the property's appeal, yet there remains ample opportunity for further improvement, allowing investors to maximize returns and elevate the property's value. Due to the flexible zoning it can and has been used as a commercial property for businesses as well. Not to mention the potential to knock down and re-develop the property to the investors liking. Benefiting from its central location (5 minutes from the main downtown strip), residents enjoy seamless access to a wealth of amenities, underscoring the property's desirability and rental potential. This is a rare chance for astute investors to secure a valuable asset in a thriving market. Do not let this opportunity pass ? schedule a viewing today to explore the possibilities of this exceptional triplex residence.
Location
State CO
County El Paso
Zoning C6 CU
Interior
Heating Baseboard
Cooling Air Conditioning-Room
Flooring Carpet,Laminate,Vinyl,Wood
Laundry In Unit,Multiple Locations
Exterior
Exterior Feature Balcony,Lighting
Garage Concrete,Storage
Fence Partial
Utilities Available Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available
View City,Mountain(s)
Roof Type Composition
Building
Lot Description Historical District,Landscaped,Level,Near Public Transit,Subdividable
Story Two
Sewer Public Sewer
Water Public
Structure Type Frame,Stone
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan
Special Listing Condition None
Pets Description Cats OK,Dogs OK,Number Limit,Pet Deposit