3547 E Uintah Street 3607, Colorado Springs, CO

$4,750,000

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0.99

Acres

About 3547 E Uintah Street 3607

These are brand new. Certificate of occupancy will be given in the next 2 weeks. They will be rented out as soon as the certificate of occupancy is given. Rent is only going up in this market with a huge demand for rentals! This is a great investment that is only going to get more valuable. There are 6 duplexes each consisting of one unit with a single car garage and one unit with a 2 car garage. All units are 3 bed 2.5 bath each and ready for tenants with air conditioning, all stainless kitchen appliances, washing machine, dryer, and blinds. All units have commercial grade roofing and zero scaping in the back with small patches of grass in the front yard. All units are individually metered for utilities, the only utility that the landlord is responsible for is the water on the small patches of grass in the front. This property is being offered with a projected cap rate of 5.3% and is very close to opportunity zones where there is potential for future redevelopment. This property is centrally located minutes from Powers Blvd to the east and minutes from downtown to the west. These units are expected to lease out very quickly and the complex is a great low maintenance buy and hold.

Features of 3547 E Uintah Street 3607

MLS® # 7714557
Price $4,750,000
Acres 0.99
Year Built 2021
Type Income
Sub-Type Apartments(6+ Units)
Status Active

Community Information

Address 3547 E Uintah Street 3607
Subdivision Village On Uintah
City Colorado Springs
County El Paso
State CO
Zip Code 80909

Amenities

Utilities Electricity, Natural Gas, Cable, Other

Interior

Appliances Refrigerator, Dryer, Dishwasher, Microwave Oven, Oven, Washer
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Fireplaces None
Has Basement Yes

Exterior

Foundation Crawl Space

School Information

District 11-Colorado Springs

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate Group LLC

Listing Map

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