$699,000
For Sale

1073 Westmoreland Road

Colorado Springs, CO 80907
3024 sqft | 8 beds | 0.22 acres | #6454221
Listing OfficeFathom Realty Colorado LLC
Browse 35 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4200 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

  • Property Details
      • Utility FeaturesElectricity Available, Cable Available
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeIncome Property
      • SubdivisionCrestmoor Park
      • Property TypeMulti-Family
      • Utility SourceCity Water
      • High SchoolCoronado
      • CountyEl Paso
      • MLS #6454221
      • MLS #6454221
      • Elementary SchoolEdison
      • Cost699000
      • Acres0.22
      • Square Feet3024
      • Year Built1972
      • FoundationSlab
      • Middle SchoolMann
      • Bedrooms8
      • Parking Spaces6

Location

Brian Clodius | Clodius & CompanyReal Estate Group

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10.0%

Interest Rate

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6.0%

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2.6%
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