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Lindsay Klein

lindsaylistingexpert@gmail.com +1(720) 966-3979

$ 619,000

Est. payment | -/mo

3,470 SqFt

Save

$ 619,000

Est. payment | -/mo

Save

3,470 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,470 sqft

Price per Sqft $178

Subdivision Divine Redeemer

MLS Listing ID 6915379

Style A-Frame

Condo Fees $750

HOA Fees $750/mo

HOA Y/N Yes

Abv Grd Liv Area 3,470

Year Built 1985

Annual Tax Amount $2,259

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Quadruplex

Source recolorado

Property Description

Cushman & Wakefield is excited to present an exceptional investment opportunity at 2625–2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns. Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the property's durability, minimizing future maintenance costs and securing its long-term value.What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs' growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market. OWNER IS WILLING TO SELL ONE INDIVIDUALLY OR BOTH 2625 & 2627 UINTAH TOGETHER.

Location

State CO

County El Paso

Interior

Heating Forced Air

Cooling None

Fireplace N

Laundry In Unit

Exterior

Roof Type Shingle

Total Parking Spaces 12

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Queen Palmer

Middle Schools Galileo

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition None

Listed by Cushman & Wakefield

LOCAL INFORMATION

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Education

Pets

Public Services & Government

Rita’s

405 N Union Blvd, Colorado Springs, CO 80909

Mexican
Domino’s Pizza

1102 N Circle Dr, Colorado Springs, CO 80909

Pizza Phone: 719-475-0380
Taqueria Los Compadres

2237 E Platte Ave, Colorado Springs, CO 80909

Mexican Phone: 719-473-2524
Dragon Gate Chinese Restaurant

323 N Union Blvd, Colorado Springs, CO 80909

Chinese Phone: 719-633-1166
Subway

2345 E Platte Ave, Colorado Springs, CO 80909

Sandwiches Phone: 719-630-0637
Carbonella Creations

390 N Cir Dr, Colorado Springs, CO 80909

American (New) Phone: 719-213-1097
La Dona

908 N Circle Dr, Colorado Springs, CO 80909

Mexican Phone: 719-473-6998
Rock City Cafe

405 N Union Blvd, Colorado Springs, CO 80909

Breakfast & Brunch Phone: 719-694-8344
Tino’s Place Restaurant & Bar

2355 E Platte Ave, Colorado Springs, CO 80909

Mexican Phone: 719-635-4861
Milt’s Coffee Shop

2314 E Platte Ave, Colorado Springs, CO 80909

Breakfast & Brunch Phone: 719-634-9016
China Village

203 N Union Blvd, Colorado Springs, CO 80909

Chinese Phone: 719-475-8299
Ephraim’s BBQ

2600 Platte Pl, Colorado Springs, CO 80909

Barbeque Phone: 719-448-5054
Alber Tacos Mexican Restaurante

405 N Union Blvd, Colorado Springs, CO 80909

Mexican Phone: 719-667-7268
Jill’s Kitchen

2416 E Boulder St, Colorado Springs, CO 80909

Breakfast & Brunch Phone: 719-475-2621

CONTACT US TO GET STARTED

Lindsay Klein

+1(720) 966-3979

lindsaylistingexpert@gmail.com

2627 E Uintah ST Colorado Springs, CO 80909

Lindsay Klein

Key Details

Location

Interior

Exterior

Building

Schools

Others

2627 E Uintah ST

CONTACT US TO GET STARTED