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$640,000
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2802 W Uintah St
Colorado Springs, CO 80904
8 bed 4 bath 3,020 SqFt ($211/SqFt)
Built 1951
Listed 2024-04-03, Taxes $1,673
Ⓧ USDA Ineligible
due to location

near Colorado Springs

Latest Value Estimates: $802,000 from Collateral Analytics on 2024-04-17. Forecast Estimate Value:$816,305 in 2025-02-01 by Collateral Analytics.

Cushman and Wakefield is pleased to present this (4)

Unit multifamily investment opportunity located in th 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.


Presented by Nic Polaski at
Cush & Wakefield.


Property MLS #1955789 from REcolorado

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Electric

Parking Total: 4

Elementary School: Bristol
Elementary School District: Colorado Springs 11
High School: Coronado
High School District: Colorado Springs 11
Middle School: Holmes
Middle or Junior School District: Colorado Springs 11

West Elementary School is a public elementary school located approximately 0.9 miles away.
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West Middle School is a public middle school located approximately 0.9 miles away.
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Coronado High School is a public high school located approximately 1.4 miles away.
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Dayspring Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity, Gas

Annual Tax Amount: 1509.00
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Colorado Springs
Parcel Number: 74023-12-067
Subdivision: Colorado Springs
Zoning: R4
Property Subtype: Quadplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$21,630 + $6,730
$28,360
$1,673
2020$16,230 + $5,580
$21,810
$1,480
2019$16,230 + $5,580
$21,810
$1,472
2018$12,200 + $5,380
$17,580
$1,289
2017$12,200 + $5,380
$17,580
$1,221
2016$10,780 + $5,410
$16,190
$938
2015$10,780 + $5,410
$16,190
$934
2014$8,080 + $5,410
$13,490
$811
2013$8,080 + $5,410
$13,490
$825
2011$11,080 + $3,580
$14,660
$891
2010$11,080 + $3,580
$14,660
$1,153
2009$15,970 + $3,580
$19,550
$1,141
2008$15,970 + $3,580
$19,550
$1,160
2007$15,970 + $3,580
$19,550
$1,187

Listed 2024-04-03
$640,000
REcolorado
Sold 1992-05-22
$79,000
Public Record

Total Square Feet Living: 3020
Year Built: 1951
Above Grade Finished Area: 3020
Common Walls: 2+ Common Walls
Construction Materials: Stucco
Levels: One
Property Age: 73
Property Attached: Yes
Roof: Architectural Shingles
Structure Type: Quadruplex

Sewer: Public Sewer
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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.