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Colorado Springs Real Estate | Springs Homes
Springs Homes Real Estate
Property Description

What an amazing charming 1889 Victorian 5 plex. The woodwork throughout the home is stunning, original and historical. There are three beautiful vintage fireplaces. This property is eligible for the National historic register. The secured front entrance leads to a common lobby for all tenants. The back yard is a common area for all tenants to use. The basement could be finished with two possible new units. There is plumbing for a possible new laundry area. Other possibilities include office space or storage. There are 10-12 spaces available for parking in the back of the property with alley access. Three of those space can be rented out to the renters next door if needed. It is commercial zoning that allows for many uses. All of the units have been leased for several years to professionals. There hasn't been any advertising needed. There have been many improvements since 2016 on this property. There will be a list of items provided to the potential buyer as there are too many to list. This is a 5 plex zoned commercial: RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER; Unit 1 = 2 beds, 1 bath, kitchen, living area 800 sq.ft., Unit 2 = 2 beds, 1 bath, kitchen, living area 800 sq.ft., Unit 3 = 1 bed, 1 bath, kitchen, living area 575 sq.ft., Unit 4 = 1 bed, 1 bath, kitchen, living area 475 sq.ft., Unit 5 = a loft, 1 bed, living area, 1 bath, kitchen 550 sq.ft. The property is near Colorado College's new Hockey Stadium. The basement has potential to be used as a laundry area, office space or storage area for more rent income. Three of the units leases expire August 2021. For more income details and information on this property, go to MLS#9849659 or contact the listing agent.rnrnPhotos show exterior, interior common areas, a few previous photos on one unit, and basement only - schedule a showing to see interiors of the 5 individual units as they are all private to protect the tenants.

: Forced Air, Natural Gas, Baseboard
: Rear
: See Prop Desc Remarks, Three, Wood
: Electricity, Telephone, Natural Gas, Cable
: Municipal
Address Details
W105° 10' 46.2''
N38° 50' 40''
MLS Addon
Interior Features
: Dishwasher, Refrigerator, Range Oven
Exterior Features
: Composite Shingle
: Full Basement
: Wood
Framed on Lot,Wood Frame
Lot Info
School Info
: Colorado Springs-11
Listing Office
Skyline Properties, Inc

Income For Sale

719 Nevada Avenue Colorado Springs Colorado 80903

0.22 Acre
MLS ID #9849659
Listing Summary
Status : Active
Property Type : Income
MLS ID : 9849659
Price : $1,200,000
Lot Area : 0.22 Acre
Year Built : 1889
MLS Area Minor : Colorado Springs Addition
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Pikes Peak Multiple Listing Service The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp. 

Data last updated: 09/18/2021 12:17
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