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Listing provided courtesy of Skyline Properties, Inc.

Description

BEAUTIFUL 5 PLEX WITH 5 UNITS ALL OCCUPIED. What an amazing charming 1889 Victorian 5 plex. The woodwork throughout the home is stunning, original and historical. There are three beautiful vintage fireplaces. This property is eligible for the National historic register. The secured front entrance leads to a common lobby for all tenants. There is a common fenced in back yard area for tenant to use. There are 10-12 spaces available for parking in the back of the property with alley access. Three of those space can be rented out to the renters next door if needed. It is commercial zoning that allows for many uses. All of the units have been leased for several years to professionals. There hasn't been any advertising needed. There have been many improvements since 2016 on this property. There will be a list of items provided to the potential buyer as there are too many to list. The property is near Colorado College's new Hockey Stadium. RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER.This is a 5 plex zoned commercial: Unit 1 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 2 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 3 = 1 bed, 1 bath, kitchen, living area 575 sq.ft. Unit 4 = 1 bed, 1 bath, kitchen, living area 475 sq.ft. Unit 5 = a loft, 1 bed, 1 bath, living area, kitchen 550 sq.ft. The basement has potential to be used as a laundry area, office space or storage area for more rent income. For more income details and information on this property, go to MLS#9849659 or contact the listing agent.Photos show exterior, interior common areas, a few previous photos on one unit, and basement only - schedule a showing to see interiors of the 5 individual units as they are all private to protect the tenants.

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CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury- 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 2021-09-21T12:40:58.237.
www.ccsignaturegroup.com/homes/117720718
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719 N Nevada Avenue Colorado Springs, CO 80903

  • Price: $1,200,000
  • Status: Active
  • Updated: 60 min ago
  • ID#: 6479274
7
Beds
5
Baths
0
½ Baths
0.22
Acres
4,550
SQFT
$264
$/SQFT
1889
Built
Neighborhood:
Colorado Springs Addition
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs-11
Property Description
BEAUTIFUL 5 PLEX WITH 5 UNITS ALL OCCUPIED. What an amazing charming 1889 Victorian 5 plex. The woodwork throughout the home is stunning, original and historical. There are three beautiful vintage fireplaces. This property is eligible for the National historic register. The secured front entrance leads to a common lobby for all tenants. There is a common fenced in back yard area for tenant to use. There are 10-12 spaces available for parking in the back of the property with alley access. Three of those space can be rented out to the renters next door if needed. It is commercial zoning that allows for many uses. All of the units have been leased for several years to professionals. There hasn't been any advertising needed. There have been many improvements since 2016 on this property. There will be a list of items provided to the potential buyer as there are too many to list. The property is near Colorado College's new Hockey Stadium. RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER.This is a 5 plex zoned commercial: Unit 1 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 2 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 3 = 1 bed, 1 bath, kitchen, living area 575 sq.ft. Unit 4 = 1 bed, 1 bath, kitchen, living area 475 sq.ft. Unit 5 = a loft, 1 bed, 1 bath, living area, kitchen 550 sq.ft. The basement has potential to be used as a laundry area, office space or storage area for more rent income. For more income details and information on this property, go to MLS#9849659 or contact the listing agent.Photos show exterior, interior common areas, a few previous photos on one unit, and basement only - schedule a showing to see interiors of the 5 individual units as they are all private to protect the tenants.
Exterior Features

Fence Rear Floor Plan 3 Story Foundation Details Full Basement Garage Type None Lot Description LevelTrees/WoodsSee Prop Desc Remarks Lot Location Hiking TrailNear Fire StationNear HospitalNear ParkNear Public TransitNear Schools Lot Size 9500.0000 Lot Size Units Sqft Patio Desc None Roof Composite Shingle Siding Wood Structure Framed On LotWood Frame

Interior Features

Appliances DishwasherRange OvenRefrigerator Basement Percent Finished 0 Cooling None Fireplace Description ThreeWoodSee Prop Desc Remarks Floors Wood Half Baths 0 Heating BaseboardForced AirNatural GasSee Prop Desc Remarks Interior Features See Prop Desc Remarks Laundry Facilities None Main Floor Bedroom YN No Sq Ft Finished 3200 Sq Ft Lower Floor 0 Sq Ft Lower Percent 0 Sq Ft Main Floor 1350 Sq Ft Total Basement 1350 Sq Ft Upper Floor 1850

Property Features

Association Fee 0.00 Association Fee Frequency Not Applicable Construction Status Existing Home HOACovenants Exist YN No Notices Not Applicable Tax Amount 2059.00 Tax Year 2020 Utilities CableElectricityNatural GasTelephoneSee Prop Desc Remarks Water Municipal



CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury- 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 2021-09-21T12:40:58.237.
 
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CC Signature Group | Coldwell Banker Residential Brokerage Global Luxury
2075 Research Parkway Ste B
Colorado Springs CO, 80920
Listing provided courtesy of Skyline Properties, Inc.