Active

3547 E Uintah Street 3607

Colorado Springs CO, 80909

$4,750,000


$110.18 per sqft

Active

43,111 sqft

Multi-family

Built in 2021

These are brand new. Certificate of occupancy will be given in the next 2 weeks. They will be rented out as soon as the certificate of occupancy is given.

Rent is only going up in this market with a huge demand for rentals! This is a great investment that is only going to get more valuable. There are 6 duplexes each consisting of one unit with a single car garage and one unit with a 2 car garage. All units are 3 bed 2.5 bath each and ready for tenants with air conditioning, all stainless kitchen appliances, washing machine, dryer, and blinds. All units have commercial grade roofing and zero scaping in the back with small patches of grass in the front yard. All units are individually metered for utilities, the only utility that the landlord is responsible for is the water on the small patches of grass in the front. This property is being offered with a projected cap rate of 5.3% and is very close to opportunity zones where there is potential for future redevelopment. This property is centrally located minutes from Powers Blvd to the east and minutes from downtown to the west. These units are expected to lease out very quickly and the complex is a great low maintenance buy and hold.

7714557

MLS ID

February 15, 2024

Updated

Map

3547 E Uintah Street 3607
Colorado Springs CO, 80909

Interior Features

Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.99 Acres

School Information

School District

Colorado Springs 11

Other Property Details

Area Name

Village On Uintah


Taxes

$3,253


Tax Frequency

Annually


Garage

No


View

No


County

El Paso


Pool

No

Listed by Kyle Tzitzicas, RE/MAX Real Estate Group LLC

Listing Contact: 7195347900 

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