$755,000
$770,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,166 SqFt
SOLD DATE : 01/03/2025
Key Details
Sold Price $755,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,166 sqft
Subdivision Colburns
MLS Listing ID 9544392
Sold Date 01/03/25
Style Victorian
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 3,166
Year Built 1909
Annual Tax Amount $4,351
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Income Property
Source REcolorado
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 Out Of Area
Zoning C6 CU
Direction I-25 to Bijou east to Wahsatch go south to the property on the east side of the road.
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen, Open Floorplan, Kitchen Island
Heating Baseboard
Cooling Wall/Window Unit(s), Ceiling Fan(s)
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Exterior Feature Balcony
Garage Spaces 10.0
Fence Partial
Utilities Available Electricity Available
View Mountain(s), City
Roof Type Composition
Handicap Access Level Lot
Porch Patio, Deck
Building
Lot Description Level, Historic District
Faces West
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame,Stone
New Construction false
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Appraiser
Special Listing Condition Other Owner
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suzannah.mattson@lptrealty.com
5660 Greenwood Plaza Blvd, Greenwood Village, CO, 80111, USA
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