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2627 E Uintah Street, Colorado Springs, CO, 80909

--beds
--baths
3,470sqft
$619,000
$178price/sqft
$3,876/moest. monthly cost
$155,040/yrincome needed

About This Home

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.

Getting Around

72
WalkingVery Walkable
39
TransitSome Transit
35
BikeSomewhat Bikeable

Schools

8/10
3/10
Palmer High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1985

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: A-Frame
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: In Unit

Features

  • Finished area above ground: 3,470

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,470
  • Total interior livable area: 3,470 sqft

Property

Details

  • Parcel number: C00290
  • Special condition: Standard
  • Exclusions: Tenant Exclusions

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1,742 sqft

Parking

  • Total spaces: 12