This duplex is house-hack ready! Move into one unit and rent out the other or purchase as an investment for long term cash flow. This duplex is top/bottom living with some beautiful touches in one unit and the other provides an opportunity to remodel for forced appreciation and future built in equity into the property. Centrally located in town means it's close to major shopping centers and highways for a fast commute, fun, or the great outdoors!
Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!
* OWNER OCCUPIED OPPORTUNITY! The 2bedroom unit is leased thru November 2024 and the 1 BR is Leased Thru August 2025. This Duplex in Prospect neighborhood near Memorial Park and Prospect Lake. Desirable location convenient to downtown and the new Switchback Stadium! Each unit has a washer / dryer. Nicely finished with Granite, linoleum, Tile, Vinyl, carpet and nice appliances for your tenants.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious, 2-bedroom, 1-bathroom apartments. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
Cushman & Wakefield is pleased to present University Drive Apartments. This opportunity consists of a well-constructed quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. University Drive Apartments are an exciting opportunity comprised of 4 units located in the Southeast submarket of Colorado Springs, CO. The property offers four spacious units, each with 2 bedrooms & 1 bathroom. Property is available for sale individually or as a a portfolio sale (21, 25 & 33 University Drive). The property benefits from its close-proximity to several employers including Amazon, Wal-Mart, Starbucks, Lowes, big-box retailers and various Dining Facilities. Additionally, the property's adjacency to nearby parks and suburban neighborhoods such as Valley Hi Golf Course, Wagner Park and Leon Young Sports Complex allow new coming residents to feel right at home. University Drive Apartments are perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. University Drive Apartments stands as an enticing opportunity to join the growing real estate market in Colorado Springs, CO.
The median home value in Colorado Springs, CO is $440,500. This is lower than the county median home value of $456,200. The national median home value is $338,100. The average price of homes sold in Colorado Springs, CO is $440,500. Approximately 58.22% of Colorado Springs homes are owned, compared to 37.29% rented, while 4.49% are vacant. Colorado Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colorado Springs real estate agent to arrange a tour today!
Colorado Springs, Colorado 80910 has a population of 475,282. Colorado Springs 80910 is less family-centric than the surrounding county with 34.37% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Colorado Springs, Colorado 80910 is $71,957. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Colorado Springs 80910 is 34.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 18.4 inches per year, with 57.3 inches of snow per year.