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    501 N Weber Street

    Colorado Springs, CO 80903
    • $799,900
    • STATUS: Active Under Contract
    • ON SITE: 35 days
    • ID#: 5007405
    Under Contract
    UPDATED: 36 min ago
    $799,900
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:

    School Ratings & Info

    School District:
    Listing provided courtesy of Equity Colorado Llc.

    Description

    A rare opportunity for investors with an amazing downtown location. This well maintained 6 plex with high occupancy (between 93% - 100%) and consistent rental history. Unit 1 is a 3 bed/1 bath ground floor with 2 fireplaces and a fenced yard, Unit 2 is a 2 bed/1 bath with a huge balcony with mountain views, Unit 3 is a 2 room studio, Unit 4 is a 2 room studio with mountain views, Unit 5 is a studio with a private balcony and views and Unit 6 is a 1 bed/1 bath on the ground floor. Tenants pay close to 75% of utilities. Excellent location for rentals with high tenant loyalty, all tenants paid full rents on time even during Covid! Charming complex with original hardwood floors in each unit and vintage features. All units have been recently painted and/or updated. New exterior paint 2019, new water heater 2018, new deck/balcony 2018 and new roof 2016. Please contact for current rent roll, since this MLS formate does not allow for the 6th unit rent. Plenty of street parking for tenants and guests. The decks and patios have gorgeous mountain views with extended living space for tenants, additionally there's a fenced common space. Upper units have a secure access to hallway. This property is located blocks from Acacia park and beautiful downtown Colorado Springs (very walkable)! Close to Colorado College, shopping and restaurants. This building could be rented by room to College students, there are a potential of renting 9 rooms.

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    8z Real Estate- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2020-11-26T07:40:50.443.
    coloradosprings.8z.com/homes/111228971
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    501 N Weber Street Colorado Springs, CO 80903

    • Price: $799,900
    • Status: Active Under Contract
    • Updated: 36 min ago
    • ID#: 5007405
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1895
    Built
    Neighborhood:
    UnKnown
    County:
    El Paso
    Area:
    Colorado Springs
    School District:
    Colorado Springs-11
    Property Description
    A rare opportunity for investors with an amazing downtown location. This well maintained 6 plex with high occupancy (between 93% - 100%) and consistent rental history. Unit 1 is a 3 bed/1 bath ground floor with 2 fireplaces and a fenced yard, Unit 2 is a 2 bed/1 bath with a huge balcony with mountain views, Unit 3 is a 2 room studio, Unit 4 is a 2 room studio with mountain views, Unit 5 is a studio with a private balcony and views and Unit 6 is a 1 bed/1 bath on the ground floor. Tenants pay close to 75% of utilities. Excellent location for rentals with high tenant loyalty, all tenants paid full rents on time even during Covid! Charming complex with original hardwood floors in each unit and vintage features. All units have been recently painted and/or updated. New exterior paint 2019, new water heater 2018, new deck/balcony 2018 and new roof 2016. Please contact for current rent roll, since this MLS formate does not allow for the 6th unit rent. Plenty of street parking for tenants and guests. The decks and patios have gorgeous mountain views with extended living space for tenants, additionally there's a fenced common space. Upper units have a secure access to hallway. This property is located blocks from Acacia park and beautiful downtown Colorado Springs (very walkable)! Close to Colorado College, shopping and restaurants. This building could be rented by room to College students, there are a potential of renting 9 rooms.
    Exterior Features

    Fence CommunityFront Foundation Details Crawl SpacePartial Basement Lot Size 6750.0000 Lot Size Units Sqft Roof Composite Shingle Siding StoneStucco Structure Wood Frame

    Interior Features

    Appliances Gas in KitchenRange OvenRefrigerator Cooling Ceiling Fan(S) Fireplace Description Two Heating Hot WaterOtherWall Furnace Laundry Facilities None

    Property Features

    Earnest Money 15000 Income Property Sub Type Aptmts(6+Units) Notices Broker OwnedLead Base Paint Discl Req Tax Amount 2279.00 Tax Year 2019 Unit Count 5 Utilities CableElectricityNatural Gas Water Municipal



    8z Real Estate- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2020-11-26T07:40:50.443.
     
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    8z Real Estate
    602 S Tejon St
    Colorado Springs CO, 80903
    Listing provided courtesy of Equity Colorado Llc.