Homes for sale - 115 N Wahsatch AVE, Colorado Springs, CO 80903

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Jerry Downer

[email protected] +1(720) 277-9001

$ 770,000

Est. payment | -/mo

6 Beds

4 Baths

3,166 SqFt

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$ 770,000

Est. payment | -/mo

Save

6 Beds

4 Baths

3,166 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,166 sqft

Price per Sqft $243

Subdivision Colburns

MLS Listing ID 9544392

Style Victorian

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 3,166

Originating Board recolorado

Year Built 1909

Annual Tax Amount $4,351

Tax Year 2022

Lot Size 7,840 Sqft

Acres 0.18

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

Zoning C6 CU

Rooms

Basement Crawl Space

Interior

Interior Features Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free

Heating Baseboard

Cooling Air Conditioning-Room

Flooring Carpet, Laminate, Vinyl, Wood

Fireplace N

Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Laundry In Unit, Multiple Locations

Exterior

Exterior Feature Balcony, Lighting

Parking Features Concrete, Storage

Fence Partial

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

View City, Mountain(s)

Roof Type Composition

Total Parking Spaces 10

Garage No

Building

Lot Description Historical District, Landscaped, Level, Near Public Transit, Subdividable

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stone

Schools

Elementary Schools Columbia

Middle Schools North

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK, Number Limit, Pet Deposit

Listed by MB METRO REAL ESTATE GROUP • [email protected],719-679-2941

"My job is to listen carefully, never make assumptions, and deliver flawlessly on all my commitments! "

+1(720) 277-9001

[email protected]

999 18th St, Denver, CO, 80202, USA

115 N Wahsatch AVE Colorado Springs, CO 80903