$687,500
For Sale

2627 E Uintah Street

Colorado Springs, CO 80909
3470 sqft | 0.04 acres | #6915379
Listing OfficeCushman & Wakefield
Browse 10 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 property's 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 Details
      • Sewer InformationCity Sewer, Public Sewer
      • SubdivisionDivine Redeemer
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • Elementary SchoolQueen Palmer
      • Middle SchoolGalileo
      • CountyEl Paso
      • MLS #6915379
      • MLS #6915379
      • High SchoolPalmer
      • Cost687500
      • Acres0.04
      • Square Feet3470
      • Year Built1985
      • Hoa Fees750
      • Parking Spaces12

Location

Darlene Partin | Resident RealtyReal Estate Group
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