703 East Costilla Street

703 East Costilla Street

Colorado Springs, CO 80903

$750,000
Price
9,583 / 0.22
Lot Size / Acres
a view of outdoor space and yard
a view of a park
a green field with lots of trees
a green field with trees in the background
a view of a back yard
a view of a park with large trees
a backyard of a house with lots of green space
a garden with a fountain in front of the house
an aerial view of residential house with outdoor space
an aerial view of multiple house
a view of city and mountain view
a view of a lake in middle of the town
a view of a street with houses
a view of a city

Description

Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved...Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!
  1. Listed by Daniel Jones • Exp Realty LLC
  2. Listed by Kyle Tzitzicas • Exp Realty LLC

Amenities

  • Common Storage
  • Corner Lot
  • Covered Parking
  • Electric Vehicle Charging Station(s)
  • Mountain Views

Location

Listing Courtesy of Exp Realty LLC, Daniel Jones; Exp Realty LLC, Kyle Tzitzicas
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LISTING UPDATED: 04/17/2024 09:41 AM

Property Details for 703 East Costilla Street

StatusActive
MLS #5434797
Days on Compass57
Taxes$1,542 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.22 AC
CountyEl Paso County

Location

Listing Courtesy of Exp Realty LLC, Daniel Jones; Exp Realty LLC, Kyle Tzitzicas
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Building Information for 703 East Costilla Street

Lot Size0.22 AC

Payment Calculator

$4,222 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$129

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 703 East Costilla Street

Summary
Location and General Information
  • School District: Colorado Springs 11
Taxes and HOA Information
  • Tax Year: 2022
Property
Lot Information
  • Lot Desc: City View, Corner, Level, Mountain View
  • Lot Location: Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
  • Topography: Level
Utilities
  • Water: None, See Prop Desc Rem
Interior and Exterior Features
Interior Features
  • Features Extra: Sewer Tap Paid, Water Tap Paid

Property History for 703 East Costilla 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 703 East Costilla Street

Taxable ValueLand$27,550Additions-Total$27,550
Tax Record2022$1,542 ($128 / month)
Home Facts
Lot Size9,500 SqFtStyleCommercialZoningC6CountyEL PASOAPN6417312013

Schools near 703 East Costilla Street

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Hunt Elementary School
Public - PK to 5
North Middle School
Public - 6 to 8
Palmer High School
Public - 9 to 12
CIVA Charter High School
Charter - 9 to 12
Rating
School
Distance
Hunt 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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More information about 703 East Costilla Street, Colorado Springs, CO 80903

703 East Costilla Street is a 0.22 ac of land for sale in Colorado Springs, CO 80903. This property was listed for sale on June 8, 2023 by Exp Realty LLC, it's currently listed at $750,000. It has been on the market for a total of 57 days and was last sold on June 3, 2021. This listing's school district is Colorado Springs 11 School District. Nearby schools include Hunt Elementary School, North Middle School and Palmer High School. 703 East Costilla Street is a 0-bed, 0-bath, 0.22 ac of land on a 9,583 sq. ft. / 0.22 acres lot.

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 Exp Realty LLC, Daniel Jones; Exp Realty LLC, Kyle Tzitzicas

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.