Solidly performing in the highly desirable Pleasant Valley area, just minutes from Garden of the Gods, Old Colorado City, downtown, and major commuter routes. This turn-key asset includes three long-term tenants providing stable income and one unit currently operating as a Airbnb, offering excellent flexibility for both short-term and long-term rental strategies.The property features a balanced and attractive unit mix with two 2-bedroom/1-bath units and two 3-bedroom/2-bath units, increasing rental demand and supporting strong year-round occupancy. Recent improvements include a new roof, exterior paint, gutters, and updated flooring, ensuring low maintenance and reliable future performance. Each unit offers a balcony or patio, tile baths, and fireplaces.With a very low to no vacancy rate, investors have the option to maintain the current rent rolls or adjust rents as leases expire. Surface parking includes seven paved spaces plus additional parking on the south dirt area. A rare opportunity to acquire a reliable, updated, income-producing property in one of Colorado Springsâ?? most sought-after west-side locations.
Listed By
Agency Name: HomeSmart
Agency Phone: 303-858-8100
Shown By
Agent Name: Jennie Lee
Agent Phone: (303) 870-0411
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 4,653.74 per month $4,181.95 Principal & Interest $224.17 Property Tax $247.63 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2809 King Street | MLS# 1115848
This multi-family property located at 2809 King Street, Colorado Springs, CO 80904 is currently listed for sale with an asking price of $849,000. Search Colorado Springs real estate on jennie.thecuttingedgerealtors.com today.