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$1,100,000   Price Analysis
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514 N Wahsatch Ave
Colorado Springs, CO 80903
8 bed 6 bath unknown SqFt ($0/SqFt)
9,500SqFt lot. Built 1899
Listed 2024-03-01, Taxes $1,381
Ⓧ USDA Ineligible
due to price & location

near Colorado Springs

This fully updated 5-plex is fully rented and has tons of potential!

Located in the heart of Downtown Colorado Springs near Colorado College, downtown and multiple hospitals, it's no surprise this property is so easy to rent out. The property also features a 4 car garage not currently being used or rented and can easily be used to for storage units r garage space for additional rent al income.

This is a turn key property with tons of upside. Property directly behind on Weber is also for sale making both properties 11 units total.


Presented by Benjamin Kennedy at
ERA Shields Real Estate - Rockrimmon Office.
Listing Agent Photo

Property MLS #5355890 from PikesPeakMLS

Bedrooms: 8

Total Bathrooms: 6
Full Bathrooms: 6

Cooling Features: Ceiling Fan(s)
Heating Features: Forced Air

Lot Size Acres: 0.2181
Lot Size Square Feet: 9500

Parking Total: 8

Number of Units: 5

School District: Colorado Springs 11

Palmer High School is a public high school located approximately 0.2 miles away.
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North Middle School is a public middle school located approximately 0.5 miles away.
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Taylor Elementary School is a public elementary school located approximately 1.1 miles away.
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Counterpoint Preschool is a private elementary school located approximately 0.2 miles away.
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Annual Tax Amount: 3314.00
Source Listing Status: Active
County: El Paso
Tax Year: 2023
Source Property Type: Income
Source Neighborhood: Colorado Springs
Subdivision: Colorado Springs
Property Subtype: 5-Plex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$19,640 + $3,770
$23,410
$1,381
2020$16,990 + $2,510
$19,500
$1,323
2019$16,990 + $2,510
$19,500
$1,316
2018$13,910 + $2,460
$16,370
$1,201
2017$13,910 + $2,460
$16,370
$1,137
2016$15,660 + $2,430
$18,090
$1,048
2015$15,660 + $2,430
$18,090
$1,044
2014$15,660 + $2,440
$18,100
$1,089
2013$22,420 + $2,440
$24,860
$1,034
2011$22,140 + $2,230
$24,370
$1,482
2010$22,140 + $2,230
$24,370
$1,497
2009$23,160 + $2,230
$25,390
$1,482
2008$21,700 + $2,030
$23,730
$935
2007$21,700 + $2,030
$23,730
$957

Listed for rent 2024-05-30
$1,199
RentRedi
Listed 2024-03-01
$1,100,000
PikesPeakMLS
Listing removed 2023-10-26
$0
PikesPeakMLS
Listed 2023-05-15
$1,150,000
PikesPeakMLS
Sold 2022-06-20
$1,080,000
REcolorado
Listing removed 2022-05-09
$0
RentRedi
Listed for rent 2022-03-08
$1,199
RentRedi
Listing removed 2022-02-22
$0
RentRedi
Listed for rent 2021-04-08
$1,199
RentRedi
Listing removed 2021-04-02
$0
RentRedi
Listed for rent 2021-03-03
$1,199
RentRedi
Listing removed 2013-01-31
$237,500
PikesPeakMLS
Sold 2013-01-30
$237,500
Public Record
Price Changed 2012-11-03
$237,500
PikesPeakMLS
Price Changed 2012-07-30
$250,000
PikesPeakMLS
Price Changed 2012-06-19
$265,000
PikesPeakMLS
Price Changed 2012-05-24
$269,900
PikesPeakMLS
Price Changed 2012-04-04
$285,000
PikesPeakMLS
Price Changed 2012-03-20
$300,000
PikesPeakMLS
Listed 2012-02-29
$320,000
PikesPeakMLS
Listing removed 2012-02-09
$330,000
PikesPeakMLS
Price Changed 2012-02-01
$330,000
PikesPeakMLS
Price Changed 2012-01-16
$355,000
PikesPeakMLS
Price Changed 2011-10-03
$375,000
PikesPeakMLS
Listed 2011-09-10
$380,000
PikesPeakMLS

Year Built: 1899
Property Age: 125
Year Built Details: Existing

Electricity Connected
Natural Gas
Click Thumbnail Images To View Full Size
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kitchenbedroomunknownbedroomliving_room
kitchenbedroombedroombedroomkitchen
kitchenbathroomunknownbathroomkitchen
living_roomkitchenbedroombathroombedroom
garage

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.