BEDS0
BATHS
SQUARE FEET3,470
MLS#6915379
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDivine Redeemer
SCHOOLColorado Springs 11
Listing Courtesy of:
Cushman & Wakefield
Agency Contact: Nic.Polaski@cushwake.com,719-238-9074
Property Description
Cushman & Wakefield is excited to present an exceptional investment opportunity at 2625?2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns. Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the propertys durability, minimizing future maintenance costs and securing its long-term value.What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market. OWNER IS WILLING TO SELL ONE INDIVIDUALLY OR BOTH 2625 & 2627 UINTAH TOGETHER.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Forced Air
Home Style: A-Frame
Lot Size: 0.04 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,259
Year Built: 1985
Feature Descriptions
Days on Site: 258
Exclusions: Tenant Exclusions
Exterior: Brick
HOA Fee: 750/ Monthly
Laundry: In Unit
Parcel#: C00290
Sewer: Public Sewer
Local Schools
High School: Palmer
Middle School: Galileo
Elementary School: Queen Palmer
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: Cushman & Wakefield
Agency Contact: Nic.Polaski@cushwake.com,719-238-9074
Shown By
Agent Name: Coreena Dones
Agent Phone: Cell: (720) 425-0851
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 3,574.35 per month $3,196.80 Principal & Interest $188.25 Property Tax $189.29 Homeowner's InsuranceChange Payment Information
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2627 E Uintah Street | MLS# 6915379
This multi-family property located at 2627 E Uintah Street, Colorado Springs, CO 80909 is currently listed for sale with an asking price of $649,000. E Uintah Street is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.coreenacolorado.com today.