5602-5014 Towson View, Colorado Springs, CO 80918
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: michael turner
Office: liv sotheby's international realty
MLS#:2210794
Source:ML
Price summary
- Price:$1,250,000
- Price per sq. ft.:$176.75
- Monthly HOA dues:$350
About this home
Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it....
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Home facts
- Year built:2001
- Subdivision & Development:University Park
- Listing ID #:2210794
Rooms and interior
- Bedrooms:11
- Total bathrooms:12
- Flooring:Carpet, Vinyl
- Kitchen Description:Dishwasher, Oven, Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:7,072 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2001
- Building area:7,072 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Corner, Irrigated, Landscaped, Level, Near Public Transit
- Construction Materials:Frame, Stucco
- Exterior Features:Front Porch
- Levels:2 Story
Schools
- High school:Doherty
- Middle school:Jenkins
- Elementary school:Martinez
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$176.75
- Tax amount:$3,846 (2024)
Features and amenities
- Laundry features:Dryer, Laundry Closet, Washer
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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