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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

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    $1,800/mo

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    $1,800/mo

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    $4,096/mo

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    $4,096/mo

    Est. payment

    What's special

    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.

    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#: 9544392MLS Logo

    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