$425,000
For Sale
Listing OfficeCushman & Wakefield
Browse 16 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Cushman and Wakefield is pleased to offer a rare opportunity to acquire a 3-unit multifamily property located at 322 E St Vrain Street in the heart of Downtown Colorado Springs. This well-located asset provides a blend of immediate income potential and long-term appreciation, making it a standout opportunity in a rapidly growing market.
The property consists of three well-maintained units, offering a desirable mix of rental options. It is ideally situated for tenants who wish to live in close proximity to the dynamic energy of Downtown Colorado Springs. With rents below market rates, there is immediate potential to increase income by adjusting rents to reflect current market conditions.
Situated in the heart of Downtown Colorado Springs, this property is just steps away from an abundance of dining, coffee shops, boutique retailers, and entertainment venues. The area is known for its lively atmosphere, rich cultural offerings, and unique shopping experiences, making it a highly desirable destination for residents.
322 E St Vrain Street represents a solid investment with the potential for both immediate cash flow and significant value appreciation. With under-market rents and long-term ownership, this property offers an ideal opportunity to increase rental income, creating substantial upside for a new owner. Its location in one of the most desirable and walkable neighborhoods in Colorado Springs, combined with the potential for rent growth, makes this asset a prime addition to any investor’s portfolio.

  • Property Details
      • School DistrictColorado Springs 11
      • Sewer InformationCommunity Sewer
      • Property TypeMulti-Family
      • SubdivisionColo Spgs
      • Original List Price$425,000
      • CountyEl Paso
      • MLS #6314533
      • Property SubtypeTriplex
      • MLS #6314533
      • Structure TypeTriplex
      • Elementary SchoolTaylor
      • High SchoolPalmer
      • Cost425000
      • Middle SchoolNorth
      • Square Feet2572
      • Year Built1892
      • Taxes Annual$869

Location

Brian Clodius | Clodius & CompanyReal Estate Group

Interested in Purchasing 322 Saint Vrain?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00