Brishen Combs Colorado Springs, CO REALTOR Residential Realtor Sellers & Buyers, Luxury properties, Military Buyers, New Builds, multi-plex, Investment Properties
Address
3547 E Uintah Street, Colorado Springs, CO
Price
$ 4,750,000
Property Attributes
  • MLS#7714557
  • TypeIncome
  • CountyEL PASO
  • CityColorado Springs
  • AreaColorado Springs 11
  • NeighborhoodVillage On Uintah
  • Zip80909
  • StyleAptmts(6+Units)
  • Year Built2021
  • Taxes$ 3253
  • Price$ 4,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.9897 Acres
Data Source:
Pikes Peak MLS (PPMLS)
Property Description

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 only going up in this market with a huge demand for rentals! This is a great investment that is only 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 only utility that the landlord is responsible for is the water on the small patches of grass in the front. This property is being offered with a projected cap rate of 5.3% and is very 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 very quickly and the complex is a great low maintenance buy and hold.

Price History
7/21/2023 Listed $5,386,886
7/25/2023 1% - $5,384,000
11/20/2023 12% - $4,750,000

General Features

Utilities Cable Available,Electricity Connected,Natural Gas,Other
Appliances Dishwasher,Dryer,Microwave Oven,Oven,Refrigerator,Washer
Water Municipal
Handicap See Prop Desc Remarks
School District Colorado Springs 11
Property Type Income
Yearly Taxes 3253.39
Tax Year 2022
Unit Number 3607
Status Active
Sub Type Aptmts(6+Units)

Interior Features

Unit Count 2
Laundry Facility None
Fireplace None

Exterior Features

Fence See Prop Desc Remarks
Structure Frame
Lot Size 43113.0000
Foundation Crawl Space
Lot Size Area 43113.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80909

Price
AVG $1.59M
$4.75M
Taxes
AVG $1,566
$3,253
Visits
AVG 247
594
Data Provided by Inside Real Estate®
Year Built
AVG 1987
2021
Walkscore
AVG 68
80
Data Provided by Walkscore® not using MLS data

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