Presenting a distinguished triplex residence poised for investment success. Strategically situated in downtown Colorado Springs near the corner of Wahsatch and Kiowa, each meticulously designed unit offers a blend of comfort and convenience, catering to discerning tenants and promising strong rental yields. Recent capital expenditure investments and remodels have enhanced the property's appeal, yet there remains ample opportunity for further improvement, allowing investors to maximize returns and elevate the property's value. Due to the flexible zoning it can and has been used as a commercial property for businesses as well. Not to mention the potential to knock down and re-develop the property to the investors liking. Benefiting from its central location (5 minutes from the main downtown strip), residents enjoy seamless access to a wealth of amenities, underscoring the property's desirability and rental potential. This is a rare chance for astute investors to secure a valuable asset in a thriving market. Do not let this opportunity pass – schedule a viewing today to explore the possibilities of this exceptional triplex residence.
This property is $325K more than the Median Sold Price in Colorado Springs, CO.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #9145924
Listing Office:
Office Name: Metro Real Estate Group
Office Phone: (719) 219-6741
Listing Agent: Brandon Espino
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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.56 miles
Public District Grades PK-5
Middle School
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.90 miles
Public District Grades 6-8
High School
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.27 miles
Public District Grades 9-12
Assigned Schools
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.56 miles
Public District Grades PK-5
Nearby Schools
3
/10
Hunt Elementary School
917 E Moreno Ave
Distance between this listing and this school0.94 miles
Public District Grades PK-5
5
/10
Bristol Elementary School
890 N Walnut St
Distance between this listing and this school1.15 miles
Public District Grades PK-5
Assigned Schools
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.90 miles
Public District Grades 6-8
Nearby Schools
2
/10
Galileo School of Math and Science
1600 N Union Blvd
Distance between this listing and this school1.85 miles
Public Magnet Grades 6-8
8
/10
The Vanguard School (Middle)
1832 S Wahsatch Ave
Distance between this listing and this school1.91 miles
Public Charter Grades 7-8
Assigned Schools
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.27 miles
Public District Grades 9-12
Nearby Schools
1
/10
Community Preparatory Charter School
332 E Willamette Ave
Distance between this listing and this school0.49 miles
Public Charter Grades 9-12
3
/10
Pikes Peak Preparatory
525 E Costilla St
Distance between this listing and this school0.59 miles
The neighbors living near this home have an average income of $35,361. Residents of Colorado Springs, CO typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 115 N Wahsatch Ave in Colorado Springs, CO and zip code 80903 in the City Center neighborhood. This home, which was built in 1909, sits on a 0.18 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $800,000.
Colorado Springs, CO housing market in April 2024 saw over 59 listings sold above listed price, more than 51 sold at listed price and over 69 sold below. The inventory of homes for sale in Colorado Springs, CO between March 2024 and April 2024 increased by 78.8%. Listings spent 30 days on the market in April 2024, and had a median list price of $475,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.