514 North Wahsatch Avenue

Colorado Springs, CO 80903

$1,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This fully updated 5-plex is fully rented and has tons of potential! Located in the heart of Downtown Colorado Springs near Colorado College, downtown, and multiple hospitals, it's no surprise this property is so easy to rent out! The property also features a 4 car garage not currently being used or rented and can easily be used to for storage units or garage space for additional rental income. This is a turn key property with tons of upside. Property directly behind on Weber is also for sale making...This fully updated 5-plex is fully rented and has tons of potential! Located in the heart of Downtown Colorado Springs near Colorado College, downtown, and multiple hospitals, it's no surprise this property is so easy to rent out! The property also features a 4 car garage not currently being used or rented and can easily be used to for storage units or garage space for additional rental income. This is a turn key property with tons of upside. Property directly behind on Weber is also for sale making both properties 11 units total.
  1. Listed by Benjamin Kennedy • ERA Shields Real Estate

Property Details for 514 North Wahsatch Avenue

Parking Spaces Number Of
8

Location

Listing Courtesy of ERA Shields Real Estate, Benjamin Kennedy
Add your commute
LISTING UPDATED: 04/23/2024 12:55 PM

Property Details for 514 North Wahsatch Avenue

StatusUnder Contract - Showing
MLS #5355890
Days on Compass54
Taxes$3,314 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5-Plex
Year Built1899
Lot Size0.22 AC / 9,500 SF
CountyEl Paso County

Location

Listing Courtesy of ERA Shields Real Estate, Benjamin Kennedy
Add your commute

Virtual Tour

Building Information for 514 North Wahsatch Avenue

Stories-Residences-Year Built1899Building Size-Lot Size0.22 AC / 9,500 SF

Payment Calculator

$6,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$276

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 514 North Wahsatch Avenue

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2023
Virtual Tour
Property
Utilities
  • Heating: Forced Air
  • Cooling: Ceiling Fan(s)
  • Utilities: Electricity Connected, Natural Gas
  • Water: Municipal
Interior and Exterior Features
Interior Features
  • Laundry Facilites: Electric Hook-up
Multi Family
Unit 1
  • Baths: 2
  • Beds: 2
  • Num Garage: 1
  • Occupied: Yes
Unit 2
  • Baths: 1
  • Beds: 2
  • Num Garage: 1
  • Occupied: Yes
Unit 3
  • Baths: 1
  • Beds: 2
  • Num Garage: 1
  • Occupied: Yes
Unit 4
  • Baths: 1
  • Beds: 1
  • Num Garage: 1
  • Occupied: Yes
Unit 5
  • Baths: 1
  • Beds: 1
  • Num Garage: 0
  • Occupied: Yes

Property History for 514 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 514 North Wahsatch Avenue

Taxable ValueLand$3,590Additions$18,680Total$22,270
Tax Record2022$1,246 ($104 / month)
Home Facts
Total Finished SqFt3,714 SqFtAbove Grade Finished SqFt2,924 SqFtFinished Basement SqFt790 SqFtUnfinished Basement SqFt103 SqFtStories2Lot Size9,500 SqFtStyleQuadraplexYear Built1899ZoningR4CountyEL PASOAPN6407420015

Schools near 514 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
Taylor 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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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 ERA Shields Real Estate, Benjamin Kennedy

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.