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6636 W Dublin Loop

Colorado Springs, CO 80918
  • $1,350,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 8439725
UPDATED: 63 min ago
$1,350,000
  • 0
    BEDS
  • 0.29
    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 Your Castle Real Estate LLC: 303-962-4272.

Description

Explore an exceptional investment opportunity to own an 8-unit multifamily property nestled within the Brookwood Village, within School District Academy (D-20). This charming brick 8-plex comprises two adjoined buildings, each housing four spacious 2-bedroom, 1-bathroom units, complete with open floorplans spanning 833 square feet per unit. Units have fully-appointed kitchens, with stove/ovens, refrigerators, and dishwashers, as well and stylish brick interior walls in the entry areas. Ideal for tenants seeking generous living space, each unit features large bedrooms and bathrooms, complemented by modern amenities and comfortable layouts. The property boasts an on-site coin laundry facility, ensuring convenience for residents. Currently, rents are positioned below market comparables, offering immediate upside potential for increased revenue. All leases incorporate a 100% utility bill-back structure to tenants, promoting cost-efficiency for the next owner. Recent upgrades, including a new sewer line installation in 2021 with two-way cleanouts at each building, underscore the property's commitment to quality and long-term value. Moreover, being part of the Brookwood Village HOA provides significant advantages, covering essential services such as storm water fees, trash collection, common area snow removal/grounds cleaning/landscaping, and parking area maintenance"a substantial benefit for operational efficiency and tenant satisfaction. This multifamily gem presents a compelling investment opportunity, combining robust rental demand with a prime location that hosts nearby shopping, access to thoroughfare, and more.

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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 2024-07-14T20:41:10.84.
www.actionteamcolorado.com/homes/152327871
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6636 W Dublin Loop Colorado Springs, CO 80918

  • Price: $1,350,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 63 min ago
  • ID#: 8439725
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1972
Built
Neighborhood:
Brookwood Village
County:
El Paso
Area:
Colorado Springs
School District:
Academy-20
Property Description
Explore an exceptional investment opportunity to own an 8-unit multifamily property nestled within the Brookwood Village, within School District Academy (D-20). This charming brick 8-plex comprises two adjoined buildings, each housing four spacious 2-bedroom, 1-bathroom units, complete with open floorplans spanning 833 square feet per unit. Units have fully-appointed kitchens, with stove/ovens, refrigerators, and dishwashers, as well and stylish brick interior walls in the entry areas. Ideal for tenants seeking generous living space, each unit features large bedrooms and bathrooms, complemented by modern amenities and comfortable layouts. The property boasts an on-site coin laundry facility, ensuring convenience for residents. Currently, rents are positioned below market comparables, offering immediate upside potential for increased revenue. All leases incorporate a 100% utility bill-back structure to tenants, promoting cost-efficiency for the next owner. Recent upgrades, including a new sewer line installation in 2021 with two-way cleanouts at each building, underscore the property's commitment to quality and long-term value. Moreover, being part of the Brookwood Village HOA provides significant advantages, covering essential services such as storm water fees, trash collection, common area snow removal/grounds cleaning/landscaping, and parking area maintenance"a substantial benefit for operational efficiency and tenant satisfaction. This multifamily gem presents a compelling investment opportunity, combining robust rental demand with a prime location that hosts nearby shopping, access to thoroughfare, and more.
Exterior Features

Lot Size 12800.0000 Lot Size Units SqFt Siding Brick

Interior Features

Appliances DishwasherDisposalDryerOvenRangeRefrigeratorWasher Cooling None Heating Baseboard Laundry Facilities CoinCommon Unit Total Baths 8 Unit Total Beds 16

Property Features

Earnest Money 15000 Income Property Sub Type Aptmts(6+Units) Notices Established Rental HistoryLead Base Paint Discl Req Tax Amount 5052.02 Tax Year 2023 Terms CashConventional Unit Count 0 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 2024-07-14T20:41:10.84.
 
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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 Your Castle Real Estate LLC: 303-962-4272.