2625 E Uintah St, Colorado Springs, CO 80909

• 8 beds |
• 4 baths |
• 3,470 sqft

Property Description

Cushman & Wakefield is excited to present an exceptional investment opportunity at 2625-2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns. Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the property's durability, minimizing future maintenance costs and securing its long-term value.What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs' growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market. OWNER IS WILLING TO SELL ONE INDIVIDUALLY OR BOTH 2625 & 2627 UINTAH TOGETHER.

Listing Status:

Active

Listing Office:

Cushman & Wakefield : Nic.Polaski@cushwake.com,719-238-9074

Listing Agent:

Nic Polaski : 719-238-9074

MLS ID:

6136563

Interior

• Heating: Forced Air

Exterior

• Style: A-Frame
• Other Structures: Patio
• Parking: Parking spaces: 12

Construction

• Roofing: Fiberglass
• General: BrickTwo

Location

• HOA Amenities: 750.0Monthly
• Originating MLS: ires
• School District: Colorado Springs 11
• County: El Paso

Utilities

• Sewer: Public Sewer

Financial

• Source: ires
• Exclusions: Tenant Exclusions

This listing courtesy of Nic Polaski, Cushman & Wakefield