2915 Sage Street

Colorado Springs, CO 80907

$766,660
Price
8
Beds
4
Baths
2,944 Sq. Ft.
$260 / Sq. Ft.
2,944
Sq. Ft.
$260
per Sq. Ft.

Description

Cushman & Wakefield is pleased to present 2915 Sage Street, a quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the westside submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity...Cushman & Wakefield is pleased to present 2915 Sage Street, a quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the westside submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods and UCCS. 2915 Sage Street is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently there is one vacant & one unit undergoing renovations at this property.
  1. Listed by Nic Polaski • Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074

Property Details for 2915 Sage Street

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Colorado Springs
Association
No
Basement
No

Location

Listing Courtesy of Cushman & Wakefield, Nic Polaski
Add your commute
LISTING UPDATED: 04/15/2024 03:43 PM

Property Details for 2915 Sage Street

StatusActive
MLS #1884574
Days on Compass138
Taxes$1,536 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size-
CountyEl Paso County

Location

Listing Courtesy of Cushman & Wakefield, Nic Polaski
Add your commute

Building Information for 2915 Sage Street

Stories-Residences-Year Built1972Building Size-Lot Size-

Payment Calculator

$4,312 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,184

Property Taxes

$128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2915 Sage Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2944
  • Sqft Total: 2944
  • Living Area (SqFt Finished): 2944
  • Above Grade Finished Area: 2944
  • Living SqFt: 2944
  • Area Source: Public Records
  • PSF Total: 260
  • PSF Above Grade: 260
  • PSF Finished: 260
  • Master on Main: No
  • Heating: Baseboard
  • Cooling: None
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 4
  • Unit Average Rent: $1,127.00
  • Unit Average Sq Ft: 750
  • Beds Total: 2
  • Baths Total: 1
Parking
Parking
  • Attached Garage: No
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 4
  • Parking Count: 4
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Adams
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: Jenkins
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Coronado
  • High School District: Colorado Springs 11
Site & Location Information
  • Zoning: R5 HS
  • Property Exclusions: None
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick, Stucco
  • Roof: Architecural Shingle
  • Common Walls: 2+ Common Walls
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer

Property History for 2915 Sage Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2915 Sage Street

Taxable ValueLand$4,640Additions$22,810Total$27,450
Tax Record2022$1,536 ($128 / month)
Home Facts
Total Finished SqFt2,944 SqFtAbove Grade Finished SqFt2,944 SqFtStories2Lot Size7,800 SqFtStyleQuadraplexYear Built1972ZoningR5 HSCountyEL PASOAPN7336402016

Schools near 2915 Sage Street

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 - K to 8
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

Holmes Middle School
Public6 to 8

Coronado High School
Public9 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.

Similar Homes

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Similar Sold Homes

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2915 Sage Street is a multi-family home for sale in Colorado Springs, CO 80907. This property was listed for sale on November 15, 2023 by Cushman & Wakefield, it's currently listed at $766,660. It has been on the market for a total of 138 days and was last sold on February 6, 2014. This listing's school district is Colorado Springs 11 School District. Nearby schools include Jackson Elementary School, Holmes Middle School and Coronado High School. 2915 Sage Street is a 8-bed, 4-bath, 2,944 sqft multi-family home built in 1972.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cushman & Wakefield, Nic Polaski

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.