Cushman and Wakefield is pleased to present this (4) unit multifamily investment opportunity located in the desirable Old Colorado City neighborhood. The West side location provides quick and easy access to Downtown Colorado Springs, Old Colorado City, Garden of the Gods and Manitou Springs. This opportunity presents a significant value-add play, both operationally and through unit renovations. The property consists of (4) single level 2 bed/1 bath units, with in-unit washer/dryer and is individually metered for gas/electric. The three occupied units are currently leased to long term tenants on month-to-month leases, allowing potential investors the opportunity to immediately increase rents or renovate units. The vacant unit is currently gutted down to the studs, giving potential buyers the ability to renovate the unit day one. With front and rear entrances, off street parking and immediate access to public transportation, this property is attractive to a wide range of tenants. For additional information and showing details please contact listing agent directly, as showings will not be available through the showtime app.
Sold for $450,000 on 05/28/24
$450,000
2802 W Uintah Street, Colorado Springs, CO 80904
8beds
4baths
3,020sqft
Quadruplex
Built in 1951
-- sqft lot
$-- Zestimate®
$149/sqft
$2,359 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2024 at 08:41am
Listed by:
Nic Polaski 719-238-9074 Nic.Polaski@cushwake.com,
Cushman & Wakefield
Bought with:
Nic Polaski, 100099164
Cushman & Wakefield
Source: REcolorado,MLS#: 1955789
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- None
Features
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,020
- Total interior livable area: 3,020 sqft
- Finished area above ground: 3,020
Property
Parking
- Total spaces: 4
- Details: Off Street Spaces: 4
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 7402312067
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Individual