Address not disclosed, Colorado Springs, CO 80903
Address not disclosed, Colorado Springs, CO 80903
Address not disclosed, Colorado Springs, CO 80903
Address not disclosed, Colorado Springs, CO 80903
Address not disclosed, Colorado Springs, CO 80903
Address not disclosed, Colorado Springs, CO 80903
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Jeff Kurtz

Jeff Kurtz

+1(970) 214-5983
$ 725,000
Est. payment | /mo

4,364 SqFt

Save
$ 725,000
Est. payment | /mo
Save

4,364 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,364 sqft

Subdivision Haynes Addition

MLS Listing ID IRE7323386

HOA Y/N No

Year Built 1893

Annual Tax Amount $2,065

Tax Year 2024

Source ires

Property Description

Cushman & Wakefield is excited to present the opportunity to acquire a well-positioned 5-unit multifamily property located at 750 East Kiowa Street in the highly desirable area of Colorado Springs. Featuring a balanced unit mix with one, two, and three bedroom units, this property offers a unique blend of location, tenant demand, and significant potential for value creation, making it an exceptional addition to any investment portfolio. 750 East Kiowa Street benefits from a premier location in one of the most sought-after neighborhoods in Colorado Springs. Located just outside of Downtown, tenants have easy access to the area's best amenities, including a wide range of dining, retail, and entertainment options, offering the best of both worlds: proximity to the vibrant city center and the tranquility of a more residential setting. The property also offers substantial upside potential with under-market rents, providing an opportunity for the new owner to realize a strong return on investment by aligning rents with current market rates. This potential for rent increases enhances the overall appeal of the property and positions it well for long-term financial growth. This property is strategically located in a rapidly growing market, offering a stable income stream with substantial upside potential. The combination of a strong location near Downtown and Colorado College, an attractive unit mix, and the opportunity to adjust rents to market rates makes 750 East Kiowa Street a rare and valuable investment opportunity.

Location

State CO

County El Paso

Community Haynes Addition

Area Out Of Area

Interior

Heating Electronic Air Filter

Exterior

Parking Features Off Street

Garage Spaces 6.0

View Y/N No

Roof Type Fiberglass

Garage Yes

Building

Sewer Other

Water Other

Level or Stories Two

Structure Type Other

New Construction false

Schools

Elementary Schools Columbia

Middle Schools North

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Nic Polaski

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Jeff Kurtz
Jeff Kurtz

REALTOR® | License ID: FA.100074343

+1(970) 214-5983

jeffkurtzhomes.com

USA

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