115 North Wahsatch Avenue

Colorado Springs, CO 80903

$770,000
Price
6
Beds
4
Baths
3,166 Sq. Ft.
$243 / Sq. Ft.
3,166
Sq. Ft.
$243
per Sq. Ft.

Description

Presenting a distinguished triplex residence poised for investment success. Strategically situated in downtown Colorado Springs near the corner of Wahsatch and Kiowa, each meticulously designed unit offers a blend of comfort and convenience, catering to discerning tenants and promising strong rental yields. Recent capital expenditure investments and remodels have enhanced the property's appeal, yet there remains ample opportunity for further improvement, allowing investors to maximize returns and...Presenting a distinguished triplex residence poised for investment success. Strategically situated in downtown Colorado Springs near the corner of Wahsatch and Kiowa, each meticulously designed unit offers a blend of comfort and convenience, catering to discerning tenants and promising strong rental yields. Recent capital expenditure investments and remodels have enhanced the property's appeal, yet there remains ample opportunity for further improvement, allowing investors to maximize returns and elevate the property's value. Due to the flexible zoning it can and has been used as a commercial property for businesses as well. Not to mention the potential to knock down and re-develop the property to the investors liking. Benefiting from its central location (5 minutes from the main downtown strip), residents enjoy seamless access to a wealth of amenities, underscoring the property's desirability and rental potential. This is a rare chance for astute investors to secure a valuable asset in a thriving market. Do not let this opportunity pass – schedule a viewing today to explore the possibilities of this exceptional triplex residence.
  1. Listed by Brandon Espino • MB METRO REAL ESTATE GROUP • tngteam.nebula@gmail.com,719-679-2941

Property Details for 115 North Wahsatch Avenue

Structure Type
Triplex
Architectural Style
Victorian
View
City, Mountain(s)
Levels
Two
Stories
2
Subdivision Name
Colburns
Association
No
Basement
Yes
LISTING UPDATED: 09/24/2024 09:41 AM

Property Details for 115 North Wahsatch Avenue

StatusActive
MLS #9544392
Days on Compass158
Taxes$4,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.18 AC / 7,980 SF
CountyEl Paso County

Building Information for 115 North Wahsatch Avenue

Stories-Residences-Year Built1909Building Size-Lot Size0.18 AC / 7,980 SF

Property Information for 115 North Wahsatch Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3166
  • Sqft Total: 3166
  • Living Area (SqFt Finished): 3166
  • Above Grade Finished Area: 3166
  • Living SqFt: 3166
  • Sq Ft Apx: 0
  • Below Grade Unfinished Area: 0
  • Area Source: Appraiser
  • PSF Total: 243
  • PSF Above Grade: 243
  • PSF Finished: 243
  • Master on Main: No
  • Direction Faces: West
  • Basement: Crawl Space
  • Basement Ceiling Height: 7
  • Heating: Baseboard
  • Cooling: Air Conditioning-Room
  • Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free
  • Security Features: Security System, Smart Cameras, Smoke Detector(s)
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Laundry Features: In Unit, Multiple Locations
Financials & Expenses
Fees & Restrictions
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Pet Deposit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 6
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $2,000.00
  • Unit Average Sq Ft: 1368
  • Beds Total: 2
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 0
  • Numberof Storage Units: 0
  • Description: Front entrance unit. Largest and has an extra bathroom + big closet.
Unit 2
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,500.00
  • Unit Average Sq Ft: 700
  • Numberof Parking Per Unit: 3
  • Beds Total: 2
  • Baths Total: 1
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 0
  • Numberof Storage Units: 0
  • Description: Bottom back unit
Unit 3
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,500.00
  • Unit Average Sq Ft: 1018
  • Numberof Parking Per Unit: 3
  • Beds Total: 2
  • Baths Total: 1
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 0
  • Numberof Storage Units: 0
  • Description: Upper unit
Parking
Parking
  • Parking Features: Concrete, Storage
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-10
  • Parking Details: 10
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 10
  • Parking Count: 10
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Rentals Allowed: Long Term, Short Term Lease
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Columbia
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: North
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Palmer
  • High School District: Colorado Springs 11
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 7980
  • Lot Features: Historical District, Landscaped, Level, Near Public Transit, Subdividable
  • Zoning: C6 CU
  • Fencing: Partial
  • Distance To Bus: 50
  • Distance To Bus Units: Feet
  • Property Exclusions: Sellers & tenants personal property. Staging items if any.
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame, Stone
  • Roof: Composition
  • Exterior Features: Balcony, Lighting
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio
  • Livable Structure Count: 0
  • Unit Count: 3
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Electric: 220 Volts

Property History for 115 North Wahsatch Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 North Wahsatch Avenue

Taxable ValueLand$9,300Additions$42,750Total$52,050
Home Facts
Total Finished SqFt3,166 SqFtAbove Grade Finished SqFt3,166 SqFtStories2Lot Size3,751 SqFtStyleTriplexYear Built1909ZoningC6 CUCountyEL PASOAPN6418110020

Schools near 115 North Wahsatch Avenue

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Columbia Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Palmer High School
Public9 to 12

CIVA Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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115 North Wahsatch Avenue is a multi-family home for sale in Colorado Springs, CO 80903. This property was listed for sale on May 13, 2024 by MB METRO REAL ESTATE GROUP, it's currently listed at $770,000. It has been on the market for a total of 158 days and was last sold on August 4, 2022. This listing's school district is Colorado Springs 11 School District. Nearby schools include Columbia Elementary School, North Middle School and Palmer High School. 115 North Wahsatch Avenue is a 6-bed, 4-bath, 3,166 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MB METRO REAL ESTATE GROUP, Brandon Espino

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.