$1,850,000
For Sale

2601 W Pikes Peak Avenue

Colorado Springs, CO 80904
5693 sqft | 8 beds | 0.14 acres | #9088372
Listing OfficeCushman & Wakefield
Browse 46 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Cushman and Wakefield is pleased to present 2601-2605 W Pikes Peak Ave. The 2004 constructed attached duplexes offer a unique unit mix of two Spanish Villa style 1800 sq. ft. 3 bed/2.5 bath units with attached 400 sq. ft. garages and two 600 sq. ft. Studio flats, with walk outs to the Historic main strip of Old Colorado City. The main floor units have walk out patios overlooking Colorado Blvd and boast breathtaking views of Pikes Peak. Currently three of the units are on long term leases and one 3 bed/2.5 bath unit is being used as a short-term rental, offering investors the opportunity to run the property as they see fit. Premium finishes, stainless-steel appliances, washer/dryers, fireplaces and private patios/decks, make this turnkey investment an opportunity for a wide range of potential buyers. The property is located right along the highly sought after main strip of Old Colorado City on the west side of Colorado Springs. The property has excellent walk-ability to nearby outdoor recreation, dining & retail centers, giving a strong foundation for attracting and retaining quality long-term tenants and consistent flow of short-term renters alike. Colorado Springs and other major attractions such as Garden of the Gods, Manitou Springs, and Weidner Field are all a short distance from this location. Whether a potential buyer is looking for a short term rental, long term investment, or owner occupancy, this opportunity provides a well maintained and located property to make your own.

  • Property Details
      • BasementPartially Finished, Structural Floor
      • Sewer InformationCity Sewer, Public Sewer
      • SubdivisionOld Colorado City
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • Utility SourceCity Water
      • High SchoolCoronado
      • Exterior MaterialsBalcony
      • Elementary SchoolBristol
      • CountyEl Paso
      • MLS #9088372
      • Cost1850000
      • MLS #9088372
      • Acres0.14
      • Square Feet5693
      • Year Built2004
      • Middle SchoolWest
      • Bedrooms8
      • Parking Spaces4

Location

Sara Aguilar | West Peak PropertiesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00