Cushman and Wakefield is pleased to present 2915 Sage Street

A quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to bnefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the westside submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with some recent renovations.

The property benefits from its close proximity to Interstate 25, Garden of the Gods and UCCS. 2915 Sage Street is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently there is one vacant and one unit undergoing renovation s at this property.

Request Information
on 2915 Sage St
in Colorado Springs, CO
Presented by Nic Polaski at
Cush & Wakefield.


Property MLS #1884574 from REcolorado

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 8

+ Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

+ Heating and Cooling

Heating Features: Baseboard

+ Garage and Parking

Parking Total: 4

+ School Information

Elementary School: Adams
Elementary School District: Colorado Springs 11
High School: Coronado
High School District: Colorado Springs 11
Middle School: Jenkins
Middle or Junior School District: Colorado Springs 11
+ Display Complete School Details

Coronado High School is a public high school located approximately 1.1 miles away.
Map directions

Holmes Middle School is a public middle school located approximately 1.1 miles away.
Map directions

Jackson Elementary School is a public elementary school located approximately 1.2 miles away.
Map directions

Corpus Christi Catholic School is a private elementary and middle school located approximately 0.9 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 1536.00
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Colorado Springs
Owner Pays: Gas, Trash Collection, Water
Parcel Number: 73364-02-016
Subdivision: Colorado Springs
Zoning: R5 HS
Property Subtype: Quadplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$22,810 + $4,640 $27,450	$1,536
2021	$23,980 + $4,880 $28,860	$1,702
2020	$18,190 + $4,020 $22,210	$1,507
2019	$18,190 + $4,020 $22,210	$1,499
2018	$14,350 + $3,540 $17,890	$1,312
2017	$14,350 + $3,540 $17,890	$1,243
2016	$12,910 + $3,570 $16,480	$955
2015	$12,910 + $3,570 $16,480	$951
2014	$10,160 + $3,570 $13,730	$826
2013	$10,160 + $3,570 $13,730	$840
2011	$11,340 + $3,580 $14,920	$907
2010	$11,340 + $3,580 $14,920	$1,173
2009	$16,160 + $3,740 $19,900	$1,162
2008	$16,160 + $3,740 $19,900	$1,180
2007	$16,160 + $3,740 $19,900	$1,208

+ Reveal Property Sale History

Listed 2023-11-15
$766,660
REcolorado

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Sold 2021-12-22
$4,150,000
Public Record

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Listing removed 2017-10-30
$800
ShowMojo

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Listed for rent 2017-08-25
$800
ShowMojo

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Sold 2014-02-06
$235,000
Public Record

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Listing removed 2013-12-22
$245,000
PikesPeakMLS

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Listed 2013-08-14
$245,000
PikesPeakMLS

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Listing removed 2009-12-16
$235,000
PikesPeakMLS

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Price Changed 2009-10-18
$235,000
PikesPeakMLS

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Listed 2009-06-05
$245,000
PikesPeakMLS

+ Building and Construction

Total Square Feet Living: 2944
Year Built: 1972
Above Grade Finished Area: 2944
Common Walls: 2+ Common Walls
Construction Materials: Brick, Stucco
Levels: Two
Property Age: 52
Property Attached: Yes
Roof: Architectural Shingles
Structure Type: Quadruplex

+ Utilities

Sewer: Public Sewer
Water Source: Public