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.
Sold for $755,000 on 01/03/25
$755,000
115 N Wahsatch Avenue, Colorado Springs, CO 80903
6beds
4baths
3,166sqft
Triplex
Built in 1909
-- sqft lot
$738,300 Zestimate®
$238/sqft
$1,800 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 03, 2025 at 12:49pm
Listed by:
Brandon Espino 719-679-2941 tngteam.nebula@gmail.com,
MB Metro Real Estate Group
Bought with:
Other MLS Non-REcolorado
NON MLS PARTICIPANT
Source: REcolorado,MLS#: 9544392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Air Conditioning-Room
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Unit, Multiple Locations
Features
- Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free
- Flooring: Carpet, Laminate, Vinyl, Wood
- Basement: Crawl Space
Interior area
- Total structure area: 3,166
- Total interior livable area: 3,166 sqft
- Finished area above ground: 3,166
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Concrete, Storage
- Details: Off Street Spaces: 10
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Balcony, Lighting
- Fencing: Partial
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 7,980 sqft
- Features: Historical District, Landscaped, Level, Near Public Transit, Subdividable
Details
- Parcel number: 6418110020
- Zoning: C6 CU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Triplex
Materials
- Frame, Stone
- Roof: Composition
Condition
- Year built: 1909
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Community & neighborhood
Security
- Security features: Security System, Smart Cameras, Smoke Detector(s)
Location
- Region: Colorado Springs
- Subdivision: Colburns
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan
- Ownership: Agent Owner
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Estimated market value
$738,300