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$ 770,000
Est. payment | /mo
7,980 Sqft Lot
$ 770,000
Est. payment | /mo
7,980 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9145924
HOA Y/N No
Year Built 1909
Annual Tax Amount $4,350
Tax Year 2022
Lot Size 7,980 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
Area Colburns
Interior
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Electric Hook-up
Exterior
Garage Spaces 10.0
Fence Front
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone
Building
Foundation Crawl Space
Water Municipal
Structure Type Framed on Lot,Stone,Frame
Schools
School District Colorado Springs 11
Others
Special Listing Condition Broker Owned, Established Rental History
Listed by Metro Real Estate Group
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