UPDATED:
09/24/2024 03:41 PM
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $225
Subdivision Holland Park
MLS Listing ID 5920810
Bedrooms 10
HOA Y/N No
Originating Board recolorado
Year Built 1969
Annual Tax Amount $3,000
Tax Year 2023
Property Description
This West side location provides residents access to major tech employers along west Garden of the Gods Rd as well as short drives to Garden of the Gods and downtown Colorado Springs. Its prime location, near outdoor recreation, dining & retail centers, provides a strong foundation for attracting and retaining quality long-term tenants. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The attractiveness of this asset is magnified by the solid in place returns, flexible debt options and limited number of performing properties available in this market.
Investment Highlights:
-One unit currently vacant
-Recent interior unit renovations
-Tenants pay all utilities
-Great unit mix with room for rent growth as leases turn
Location
State CO
County El Paso
Zoning R4
Interior
Heating Baseboard
Cooling Other
Fireplace N
Laundry Common Area
Exterior
Roof Type Membrane
Total Parking Spaces 6
Garage No
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Jackson
Middle Schools Holmes
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Natalie Olmsted
Broker Associate | License ID: EA100055370
Broker Associate License ID: EA100055370