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Steve Prewitt - Springs By Owner

steve@springsbyowner.com +1(719) 439-0241

$ 599,000

Est. payment -/mo

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New

2627 E Uintah Colorado Springs, CO 80909

3,470 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,470 sqft

Price per Sqft $172

Subdivision Colorado Springs

MLS Listing ID 6880991

HOA Y/N No

Abv Grd Liv Area 3,470

Year Built 1985

Annual Tax Amount $2,380

Tax Year 2025

Property Sub-Type Quadruplex

Source recolorado

Property Description

Exceptional investment opportunity to acquire a 1985-built, occupied fourplex in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. This well-maintained property features four spacious two-bedroom, one-bath units, averaging approximately 850 square feet each, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy. Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention. The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance. Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, with easy access to major transportation corridors that support strong and consistent rental demand. A key differentiator is the property's condo-style configuration, offering future condo conversion potential and the opportunity to sell units individually. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation.

Location

State CO

County El Paso

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Queen Palmer

Middle Schools Galileo

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Cushman & Wakefield

NEARBY SCHOOLS & PROPERTIES

Steve Prewitt - Springs By Owner

Agent

+1(719) 439-0241

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