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    2620 King Street

    Colorado Springs, CO 80904
    • $850,000
    • STATUS: Active Under Contract
    • ON SITE: 30 days
    • ID#: 7237322
    Under Contract
    UPDATED: 31 min ago
    $850,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    School District:
    Listing provided courtesy of Re/Max Properties Inc.

    Description

    Introducing a rare investment opportunity! This is a 6 plex in good condition in highly desirable Westside. Rents are well below market for long-term tenants-this is a great opportunity for better GRI. All tenants are on month-to-month. Low care exterior, plenty of off-street parking for tenants. There is extra lockable storage for tenants in the laundry area. The laundry is leased by Jetz Laundry Service, and has 2 washers and 2 dryers (not included in sale). 3 two bedroom apartments, and 3 one bedroom units. Unit 1 is vacant. Separately metered for electric, but the tenants reimburse seller monthly in arrears for all other utilities including trash. (prorated) The other garage is vacant. All tenants are current on rent. Check average leased price for 1 bedroom and 2 bedroom units to see what the GRI and rents could be! New boiler.

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    Fisk Team, RE/MAX Properties, Inc- 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 2021-03-04T09:40:56.133.
    www.fiskteam.com/homes/113821871
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    2620 King Street Colorado Springs, CO 80904

    • Price: $850,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: 7237322
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1970
    Built
    Neighborhood:
    Indian Heights
    County:
    El Paso
    Area:
    Colorado Springs
    School District:
    Colorado Springs-11
    Property Description
    Introducing a rare investment opportunity! This is a 6 plex in good condition in highly desirable Westside. Rents are well below market for long-term tenants-this is a great opportunity for better GRI. All tenants are on month-to-month. Low care exterior, plenty of off-street parking for tenants. There is extra lockable storage for tenants in the laundry area. The laundry is leased by Jetz Laundry Service, and has 2 washers and 2 dryers (not included in sale). 3 two bedroom apartments, and 3 one bedroom units. Unit 1 is vacant. Separately metered for electric, but the tenants reimburse seller monthly in arrears for all other utilities including trash. (prorated) The other garage is vacant. All tenants are current on rent. Check average leased price for 1 bedroom and 2 bedroom units to see what the GRI and rents could be! New boiler.
    Exterior Features

    Fence Rear Foundation Details Garden Level Lot Size 12000.0000 Lot Size Units Sqft Parking Spaces Number Of 10 Roof Composite Shingle Siding BrickStucco Structure Wood Frame

    Interior Features

    Appliances 220V in KitchenDisposalKitchen Vent FanRange OvenRefrigerator Cooling Ceiling Fan(S) Heating BaseboardNatural Gas Laundry Facilities CoinCommonElectric Hook-Up

    Property Features

    Earnest Money 10000 Income Property Sub Type Aptmts(6+Units) Notices Not Applicable Tax Amount 2358.00 Tax Year 2019 Unit Count 5 Utilities CableElectricityNatural GasTelephone Water Municipal



    Fisk Team, RE/MAX Properties, Inc- 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 2021-03-04T09:40:56.133.
     
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    Fisk Team, RE/MAX Properties, Inc
    1740 Chapel Hills Drive
    Colorado Springs CO, 80920
    Listing provided courtesy of Re/Max Properties Inc.