2627 E Uintah, Colorado Springs, CO 80909
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
2627 E Uintah,Colorado Springs, CO 80909
$599,000
- 8 Beds
- 4 Baths
- 3,470 sq. ft.
- Multi-family
- Active
Listed by: lee wagner
Office: cushman & wakefield
MLS#:6880991
Source:ML
Price summary
- Price:$599,000
- Price per sq. ft.:$172.62
- Monthly HOA dues:$750
About this home
2627 E. Uintah St, Colorado Springs, CO. A 1985-built, fully occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features (4) spacious two-bedroom, one-bath units, averaging ~850 square feet, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy.
Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention.
Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027).
The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc.
Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation.
Seller prefers to sell 2627 and 2625 E. Uintah St (also listed at $599,000). together, creating an opportunity to acquire a larger, contiguous multifamily investment....
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Home facts
- Year built:1985
- Subdivision & Development:Colorado Springs
- Listing ID #:6880991
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,470 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:3,470 sq. ft.
- Construction Materials:Frame
- Levels:2 Story
Schools
- High school:Palmer
- Middle school:Galileo
- Elementary school:Queen Palmer
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$172.62
- Tax amount:$2,380
Features and amenities
- Laundry features:In Unit
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