6
See all 6 photos
$1,051,200
Est. payment /mo
0.66 Acres Lot
New
1311, 1223, 1312, 1214 Rockwood & Harrison Colorado Springs, CO 80905
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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5411997
HOA Y/N No
Year Built 1990
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type Multi Family
Property Description
Rental opportunity in Stratton Meadows! Build your portfolio with four recently updated, nicely maintained homes, all rented to long term tenants and professionally managed. Current rents total $6,570 monthly and $78,840 annually, offering a 7.5% gross rental yield at the $1,051,200 package price before operating expenses.
1311 Rockwood Ave offers 796 square feet and a detached two car garage. 1312 Harrison Rd features 894 square feet and a detached two car garage. Both 1214 Harrison Rd and 1223 Rockwood Ave offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space.
Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!
1311 Rockwood Ave offers 796 square feet and a detached two car garage. 1312 Harrison Rd features 894 square feet and a detached two car garage. Both 1214 Harrison Rd and 1223 Rockwood Ave offer 796 square feet each. Four separate homes provide multiple rental income streams, and their close proximity makes management convenient. The garages add valuable parking and storage space.
Convenient access to I25, downtown Colorado Springs, and nearby Creekwalk shopping, dining, and creekside paths adds to the appeal. Continued redevelopment along the nearby South Nevada corridor brings fresh energy and investment to the area. With established tenants, professional management, and approximately 0.66 acres combined, this is your opportunity to acquire a maintained rental portfolio with income from day one in an up and coming Colorado Springs neighborhood!
Location
State CO
County El Paso
Zoning R1-6 Residential
Exterior
Exterior Feature Dog Run
Carport Spaces 2
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Waterfront Description Public
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Tax ID 6429407003
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byHarder Real Estate and Development, LLC
NEARBY SCHOOL & BUSINESS
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