$755,000
$770,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,166 SqFt
SOLD DATE : 01/03/2025
Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,166 sqft
Price per Sqft $238
Subdivision Colburns
MLS Listing ID 9544392
Sold Date 01/03/25
Style Victorian
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 3,166
Year Built 1909
Annual Tax Amount $4,351
Tax Year 2022
Lot Size 7,980 Sqft
Acres 0.18
Property Sub-Type Triplex
Source recolorado
Property 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.
Location
State CO
County El Paso
Zoning C6 CU
Rooms
Basement Crawl Space
Interior
Interior Features Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free
Heating Baseboard
Cooling Air Conditioning-Room
Flooring Carpet, Laminate, Vinyl, Wood
Fireplace N
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Laundry In Unit, Multiple Locations
Exterior
Exterior Feature Balcony, Lighting
Parking Features Concrete, Storage
Fence Partial
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
View City, Mountain(s)
Roof Type Composition
Total Parking Spaces 10
Garage No
Building
Lot Description Historical District, Landscaped, Level, Near Public Transit, Subdividable
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Stone
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, USDA Loan, VA Loan
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK, Number Limit, Pet Deposit
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT
GET MORE INFORMATION
REALTOR® | Lic# FA100089592