157 Wellington Street, Fountain, CO 80817
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
157 Wellington Street,Fountain, CO 80817
$568,000
- - Beds
- - Baths
- 2,828 sq. ft.
- Multi-family
- Active
Listed by:nic polaskiNic.Polaski@cushwake.com,719-238-9074
Office:cushman & wakefield
MLS#:8384168
Source:ML
Price summary
- Price:$568,000
- Price per sq. ft.:$200.85
About this home
***Prime Investment Opportunity in Fountain, CO*** This well-maintained multifamily property at 157-163 Wellington St features 2-bedroom 1-bath units, offering strong rental appeal in a high-demand market. There is currently one vacant unit being fully renovated and would appeal to an owner-occupant.Tenants are responsible for all utilities, minimizing operating expenses for ownership. The property has benefited from significant capital improvements, including three fully renovated units, enhancing overall value and tenant satisfaction. Located in a low-competition rental submarket, this asset presents a rare opportunity to capture steady cash flow and long-term appreciation in one of Fountain’s most stable residential areas.
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Home facts
- Year built:1986
- Listing ID #:8384168
Rooms and interior
- Living area:2,828 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Shingle
- Year built:1986
- Building area:2,828 sq. ft.
Schools
- High school:Fountain-Fort Carson
- Middle school:Fountain
- Elementary school:Aragon
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$568,000
- Price per sq. ft.:$200.85
- Tax amount:$1,684 (2024)
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