$1,850,000
For Sale

2601-2605 W Pikes Peak Avenue

Colorado Springs, CO 80904
6270 sqft | 8 beds | #5734990
Listing OfficeCushman & Wakefield
Browse 47 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Cushman and Wakefield is pleased to present 2601-2605 W Pikes Peak Ave. The 2004 constructed attached duplexes offer a unique unit mix of two Spanish Villa style 1800 sq. ft. 3 bed/2.5 bath units with attached 400 sq. ft. garages and two 600 sq. ft. Studio flats, with walk outs to the Historic main strip of Old Colorado City. The main floor units have walk out patios overlooking Colorado Blvd and boast breathtaking views of Pikes Peak. Currently three of the units are on long term leases and one 3 bed/2.5 bath unit is being used as a short-term rental, offering investors the opportunity to run the property as they see fit. Premium finishes, stainless-steel appliances, washer/dryers, fireplaces and private patios/decks, make this turnkey investment an opportunity for a wide range of potential buyers.
The property is located right along the highly sought after main strip of Old Colorado City on the west side of Colorado Springs. The property has excellent walk-ability to nearby outdoor recreation, dining & retail centers, giving a strong foundation for attracting and retaining quality long-term tenants and consistent flow of short-term renters alike. Colorado Springs and other major attractions such as Garden of the Gods, Manitou Springs, and Weidner Field are all a short distance from this location. Whether a potential buyer is looking for a short term rental, long term investment, or owner occupancy, this opportunity provides a well maintained and located property to make your own.

  • Interior Details
      • Bedrooms8
  • Property Details
      • ViewCity, Mountain(s), Valley
      • Exterior MaterialsBalcony
    • Measurements
      • Square Feet6270
    • Parking
      • Parking Spaces4
  • Construction Details
      • BasementFinished, Walk-Out Access
      • Property TypeMulti-Family
    • Condition
      • Year Built2004
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionOld Colorado City
    • Location
      • School DistrictColorado Springs 11
      • High SchoolCoronado
      • Elementary SchoolBristol
      • CountyEl Paso
      • Middle SchoolWest
  • Financial Details
      • Original List Price$1,995,000
      • Taxes Annual$4,117
  • Other
      • MLS #5734990

Location

Julie Sauter | Grey Rock RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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