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

DO NOT MISS THIS COVERED LAND PLAY OPPORTUNITY! This is an incredibly unique opportunity to own a 5-plex in a great area of Colorado Springs. Yes, the units are in great condition and have loads of character in each one. However, the massive value on this property is the empty lot attached. This lot is already zoned R5 so you can build up to 8 units on it. These are only two of the several possibilities that this property has to offer. All units of this 5-plex are leased out. Leases are available upon request. 1 month old boiler system, newer roof, siding is in good condition, decking is in good condition, and all units are clean. Residents love living in these units due to the walkability, access to public transit, trails, and bike paths. The property is currently being managed by the award winning Atlas Real Estate property management company. The PM has a great relationship with residents and there is no deferred maintenance on the property. Do NOT miss out on this opportunity to get creative using real estate to build wealth!!!rnrnListing agent has spoken with city planning about the process and ease of building on this property. Ask for specifics.

: Hot Water
: Ceiling Fan(s), Wall Unit(s)
: Electricity, Cable
: Municipal
: Hand Rails
Address Details
W105° 9' 22.7''
N38° 49' 40.5''
MLS Addon
Interior Features
: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Range Oven, Oven
Exterior Features
: Composite Shingle
: Other
: Stucco, Wood
Wood Frame
Lot Info
School Info
: Colorado Springs 11
Listing Office
Atlas Real Estate Group LLC

Income For Sale

406 10th Street Colorado Springs Colorado 80905

0.34 Acre
MLS ID #3331084
Listing Summary
Status : Active
Property Type : Income
MLS ID : 3331084
Price : $1,299,900
Lot Area : 0.34 Acre
Year Built : 1955
MLS Area Minor : Eklunds
Contact Agent
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Data last updated: 12/02/2023 2:17
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