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1073 Westmoreland Road, Colorado Springs, CO, 80907

Image Count: 32

$635,000

  • Highlights
  • Income
  • Fourplex
  • 1073 Westmoreland Road, Colorado Springs, CO, 80907 listed by Andrew Guterman
  • Active
  • MLS#: 6673366
  • View on Map
Space maker

Property Description

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4250 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

Property Listed By

Picture of REALTOR Listing Property
  • Andrew Guterman
  • 7726-199-013  Call the Agent 
Picture of Office Listing Property
  • Atlas Real Estate Group LLC
  • 0898-242-303  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1972
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $635,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $975 726
    2 1 $1,050 726
    2 1 $1,050 726
    2 1 $1,175 726
  • Total Units: 4
  • Total Rent: $4,250

    Structure

  • Foundation: Garden Level
  • Structure: Brick, Frame
  • Construction Status: Existing

    Features

  • Heating: Baseboard
  • Cooling: Ceiling Fan
  • Laundry: Coin
  • Appliances: Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer

    Taxes, Utilities, Lot

  • Tax: $1,873
  • Lot Size: 0.22 Acres, 9,374 SqFt
  • Appliances: Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer
  • Laundry: Coin
  • Heating: Baseboard
  • Cooling: Ceiling Fan
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
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          1073 Westmoreland Road, Colorado Springs, CO, 80907

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          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.