$770,000
For Sale

115 N Wahsatch Avenue

Colorado Springs, CO 80903
3166 sqft | 6 beds | 0.18 acres | #9544392
Listing OfficeMB METRO REAL ESTATE GROUP
Browse 48 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Interior Details
      • InteriorBreakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floo
    • Beds & Baths
      • Bedrooms6
  • Property Details
      • Lot DescriptionHistorical District, Landscaped, Level, Near Public Transit, Subdividable
      • Exterior MaterialsBalcony, Lighting
      • ViewCity, Mountain(s)
    • Measurements
      • Acres0.18
      • Square Feet3166
  • Construction Details
      • Property TypeMulti-Family
      • BasementCrawl Space
    • Condition
      • Year Built1909
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionColburns
    • Location
      • School DistrictColorado Springs 11
      • Elementary SchoolColumbia
      • CountyEl Paso
      • High SchoolPalmer
      • Middle SchoolNorth
  • Financial Details
      • Original List Price$800,000
      • Taxes Annual$4,351
  • Restrictions
      • Pets AllowedCats OK, Dogs OK, Number Limit, Pet Deposit
  • Other
      • MLS #9544392

Location

Day and CoReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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