Jennie Lee

2809 King Street, Colorado Springs, CO 80904

$849,000
  • 2809 King Street, Colorado Springs, CO 80904 Main Photo

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New to the Market Active
BEDS0 BATHS0.0 MLS#1115848
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPleasant Valley

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s)
Heating: Baseboard, Hot Water
Lot Size: 0.23 Acres
Taxes: $2,691
Year Built: 1983

Feature Descriptions

Appliances: Dishwasher, Disposal, Range
Days on Site: 5
Existing Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Laundry Facilities: Coin, Electric Hook-up
Sewer: Sewer
Water: Municipal

Listed By / Shown By

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

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Estimated Payment

$ 4,653.74 per month $4,181.95 Principal & Interest $224.17 Property Tax $247.63 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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