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1073 Westmoreland Road

Colorado Springs, CO 80907
  • $699,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 6673366
UPDATED: 62 min ago
$699,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Atlas Real Estate Group LLC: 303-242-8980.

Description

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4250 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

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Pikes Peak Multiple Listing Service logo Action Team Realty- 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. 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. Data last updated 2025-03-28T07:40:58.153.
www.actionteamcolorado.com/homes/161057940
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1073 Westmoreland Road Colorado Springs, CO 80907

  • Price: $699,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 62 min ago
  • ID#: 6673366
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1972
Built
Neighborhood:
Crestmoor Park
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4250 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.
Exterior Features

Fence None Foundation Details Garden Level Lot Size 9374.0000 Lot Size Units SqFt Roof Composite Shingle Structure BrickFrame

Interior Features

Appliances DishwasherDryerMicrowave OvenOvenRefrigeratorWasher Cooling Ceiling Fan(s) Heating Baseboard Laundry Facilities Coin Unit Total Baths 4 Unit Total Beds 8

Property Features

Earnest Money 7500 Income Property Sub Type Fourplex Notices Lead Base Paint Discl Req Tax Amount 1872.69 Tax Year 2023 Terms CashConventionalFHAVA Unit Count 4 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Action Team Realty- 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. 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. Data last updated 2025-03-28T07:40:58.153.
 
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Action Team Realty
6265 Lehman Drive, Ste 100
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Atlas Real Estate Group LLC: 303-242-8980.