2627 E Uintah Street Colorado Springs, CO 80909
3,470 Sq. Ft. / 1,742 Sq. Ft., 0.04 acres lot size / Fourplex
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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
Type
Fourplex
Status
Active
County
El Paso
Year Built
1985
Sq. Ft.
3,470
Lot Size
1,742 Sq. Ft.
Listing Id
6915379
Courtesy Of
Nic.Polaski@cushwake.com,719-238-9074
Subdivision
Divine Redeemer
HOA Fee
Displayed HOA fee is an estimated monthly cost for comparison purposes. Actual billing frequency and amount may vary based on the HOA’s payment schedule.
750
Interior Features
Living Area Units
Sq. Ft.
Exterior Features
Roof
Shingle
Parking Spaces
12
Utility & Building Info
Sewer
Public Sewer
Parcel Number
C00290
Cooling
None
Heating
Forced Air
Tax Amount
2259
Building Area Total
3,470 Sq. Ft.
Above Grade Finished Area
3470 Sq. Ft.
Price Per Sq Ft
$198
Architectural Style
A-Frame
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