3547 E Uintah Street 3607, Colorado Springs

$4,750,000

0 Beds
0 Baths
.99 Acres
0 Garages

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.

Essential Information
MLS® #7714557
Price$4,750,000
Acres0.99
Year Built2021
TypeIncome
Sub-TypeIncome
StatusActive
Community Information
Address3547 E Uintah Street 3607
SubdivisionVillage On Uintah
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80909
Utilities

Cable, Electricity, Natural Gas, Other

Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplacesNone
Has BasementYes
Appliances

Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer

Exterior
FoundationCrawl Space
School Information
District11-Colorado Springs
Listing Details
OfficeRE/MAX Real Estate Group LLC
Property History
Price Reduced from $5,384,000 to $4,750,000
Price Reduced from $5,386,886 to $5,384,000
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