115 Wahsatch Avenue

Colorado Springs, CO 80903

$770,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
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 • Metro Real Estate Group

Property Details for 115 Wahsatch Avenue

Parking Spaces Number Of
10
Structure
Framed on Lot, Stone, Frame
Foundation Details
Crawl Space
LISTING UPDATED: 09/11/2024 05:34 PM

Property Details for 115 Wahsatch Avenue

StatusActive
MLS #9145924
Days on Compass174
Taxes$4,351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1909
Lot Size0.18 AC / 7,980 SF
CountyEl Paso County

Building Information for 115 Wahsatch Avenue

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

Property Information for 115 Wahsatch Avenue

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2022
Property
Property and Assessments
  • Construction Status: Existing
Utilities
  • Heating: Baseboard, Radiant
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Telephone
  • Water: Municipal
Interior and Exterior Features
Exterior Features
  • Alley: Gravel
  • Fence: Front
  • Siding: Brick, Shingle, Wood
Interior Features
  • Appliances: 220v in Kitchen, Cook Top, Countertop System, Dishwasher, Disposal, Dryer, Gas Grill, Kitchen Vent Fan, Microwave Oven, Oven, Refrigerator, Washer
  • Fire Place Desc: None
  • Laundry Facilites: Electric Hook-up
Multi Family
Unit 1
  • Baths: 1
  • Beds: 2
  • Furnished: No
  • Occupied: Yes
  • Rent: $1,500.00
  • Sq Ft: 700.0
Unit 2
  • Baths: 1
  • Beds: 2
  • Furnished: No
  • Occupied: Yes
  • Rent: $1,500.00
  • Sq Ft: 1018.0
Unit 3
  • Baths: 2
  • Beds: 2
  • Furnished: No
  • Occupied: Yes
  • Rent: $2,000.00
  • Sq Ft: 1368.0

Schools near 115 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 Wahsatch Avenue is a multi-family home for sale in Colorado Springs, CO 80903. This property was listed for sale on May 10, 2024 by Metro Real Estate Group, it's currently listed at $770,000. 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 Wahsatch Avenue is a 0-bed, 0-bath, 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 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.