$4,750,000   ♡   Colorado Springs, CO 80909 Unknown bed None bath unknown SqFt ($0/SqFt) 0.99 acre lot. Built 2021 Listed 2023-07-21, Taxes $3,430 | Ⓧ USDA Ineligible due to price & location near Colorado Springs |
These are brand new.
Certificate of occupancy will be given in the next 2 weeks. They will be rented out as soon as the certificate of occupancy is given. Rent is going up in this market with a huge demand for rentals! This is a fantastic investment that is going to get more valuable. There are 6 duplexes each consisting of one unit with a single car garage and one unit with a 2 car garage. All units are 3 bed 2.5 bath each and ready for tenants with air conditioning, all stainless kitchen appliances, washing machine, dryer and blinds.
All units have commercial grade roofing and zero scaping in the back with small patches of grass in the front yard. All units are individually metered for utilities, the utility that the landlord is responsible for is the water on the small patchs of grass in the front. This property is being offered with a project ed cap rate of 5.3% and is close to opportunity zones where there is potential for future redevelopment. This property is centrally located minutes from Powers Blvd to the east and minutes from downtown to the west. These units are expected to lease out quickly and the complex is a great low maintenance buy and hold.
Presented by Kyle Tzitzicas at
RE MAX Real Estate Group.
Property MLS #7714557 from PikesPeakMLS
Heating Features: Forced Air, Natural Gas
Lot Size Square Feet: 43111
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Income
Source Neighborhood: Village On Uintah
Subdivision: Village On Uintah
Property Subtype: Aptmts(6+Units)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $unknown + $58,140 $58,140 | $3,430 |
$4,750,000
PikesPeakMLS
Price Changed 2023-07-25
$5,384,000
PikesPeakMLS
Listed 2023-07-21
$5,386,886
PikesPeakMLS
Foundation Details: Crawl Space
New Construction: Yes
Property Age: 3
Structure Type: Frame
Year Built Details: New Construction
Electricity Connected
Natural Gas
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.