514 N Wahsatch Avenue, Colorado Springs, CO, 80903

Image Count: 26

$1,100,000

  • Highlights
  • Income
  • 5-Plex
  • 514 N Wahsatch Avenue, Colorado Springs, CO, 80903 listed by Benjamin Kennedy SRES
  • Under Contract - Showing
  • MLS#: 5355890
  • Tour #1

Property Description

This fully updated 5-plex is fully rented and has tons of potential! Located in the heart of Downtown Colorado Springs near Colorado College, downtown, and multiple hospitals, it's no surprise this property is so easy to rent out! The property also features a 4 car garage not currently being used or rented and can easily be used to for storage units or garage space for additional rental income. This is a turn key property with tons of upside. Property directly behind on Weber is also for sale making both properties 11 units total.

Property Listed By

Picture of REALTOR Listing Property
  • Benjamin Kennedy SRES
  • 4191-013-917  Call the Agent 
Picture of Office Listing Property
  • ERA Shields Real Estate
  • 0001-395-917  Call the Agent 

Property Details

    General Features

  • Property Type: 5-Plex
  • Year Built: 1899
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $1,100,000

    Unit Information

    5 Units Maximum Shown
    Beds Baths Parking Rent SqFt
    2 2 1
    2 1 1
    2 1 1
    1 1 1
    1 1
  • Total Parking Spaces: 4
  • Total Units: 5
  • Total Rent: $6,755
  • Other Rentable Space: 4 garage spaces

    Structure

  • Construction Status: Existing

    Features

  • Heating: Forced Air
  • Cooling: Ceiling Fan
  • Laundry: Electric Hook-up

    Taxes, Utilities, Lot

  • Tax: $3,314
  • Lot Size: 0.22 Acres, 9,500 SqFt
  • Laundry: Electric Hook-up
  • Heating: Forced Air
  • Cooling: Ceiling Fan
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas

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