Colorado Springs, CO 80904,2601-2605 W Pikes Peak AVE
Colorado Springs, CO 80904,2601-2605 W Pikes Peak AVE
Colorado Springs, CO 80904,2601-2605 W Pikes Peak AVE
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$1,850,000
Est. payment /mo
8 Beds
8 Baths
4,622 SqFt
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UPDATED:

09/27/2024 07:14 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,622 sqft

Price per Sqft $400

Subdivision Old Colorado City

MLS Listing ID 5734990

Style Spanish

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 2004

Annual Tax Amount $4,117

Tax Year 2023

Property Description

Cushman and Wakefield is pleased to present 2601-2605 W Pikes Peak Ave. The 2004 constructed attached duplexes offer a unique unit mix of two Spanish Villa style 1800 sq. ft. 3 bed/2.5 bath units with attached 400 sq. ft. garages and two 600 sq. ft. Studio flats, with walk outs to the Historic main strip of Old Colorado City. The main floor units have walk out patios overlooking Colorado Blvd and boast breathtaking views of Pikes Peak. Currently three of the units are on long term leases and one 3 bed/2.5 bath unit is being used as a short-term rental, offering investors the opportunity to run the property as they see fit. Premium finishes, stainless-steel appliances, washer/dryers, fireplaces and private patios/decks, make this turnkey investment an opportunity for a wide range of potential buyers.
The property is located right along the highly sought after main strip of Old Colorado City on the west side of Colorado Springs. The property has excellent walk-ability to nearby outdoor recreation, dining & retail centers, giving a strong foundation for attracting and retaining quality long-term tenants and consistent flow of short-term renters alike. Colorado Springs and other major attractions such as Garden of the Gods, Manitou Springs, and Weidner Field are all a short distance from this location. Whether a potential buyer is looking for a short term rental, long term investment, or owner occupancy, this opportunity provides a well maintained and located property to make your own.

Location

State CO

County El Paso

Zoning R5

Rooms

Basement Finished, Walk-Out Access

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 4.0

View City, Mountain(s), Valley

Roof Type Spanish Tile

Total Parking Spaces 4

Garage Yes

Building

Story Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Stone,Stucco

Schools

Elementary Schools Bristol

Middle Schools West

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074

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Rabecca Ranaldi

+1(719) 426-0949

Broker Associate | License ID: FA 100080855

Broker Associate License ID: FA 100080855

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