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
| Appliances | Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer |
|---|---|
| Handicap | See Prop Desc Remarks |
| Monthly Taxes | 3253.39 |
| Property Type | Income |
| School District | Colorado Springs 11 |
| Status | Active |
| Sub Type | Aptmts(6+Units) |
| Tax Year | 2022 |
| Unit Number | 3607 |
| Utilities | Cable, Electricity, Natural Gas, Other |
| Water | Municipal |
Interior Features
| Fireplace | None |
|---|---|
| Laundry Facility | None |
| Unit Count | 2 |
Exterior Features
| Fence | See Prop Desc Remarks |
|---|---|
| Foundation | Crawl Space |
| Lot Size | 43113.0000 |
| Lot Size Area | 43113.00 |
| Structure | Wood Frame |
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
Taxes
Visits
Year Built
Walkscore
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