2919 Sage Street, Colorado Springs

$766,660

8 Beds
4 Baths
3,375 Sqft
0 Acres
0 Garages

Cushman & Wakefield is pleased to present 2919 Sage Street, a quadruplex in Colorado Springs, CO. This opportunity is primed for an investor looking to benefit from solid in-place returns as well as reap the reward of continuing to increase rents to market level. This exciting opportunity, comprised of 4 units, is located in the westside submarket of Colorado Springs, CO. The property offers 2-bedroom, 1-bathroom apartment homes with some recent renovations. The property benefits from its close proximity to Interstate 25, Garden of the Gods and UCCS. 2919 Sage Street is perfectly positioned to capitalize on the limited supply and high rental demand in the Colorado Springs market. The attractiveness of this asset is magnified by upside in continued exterior improvements and the appreciation from future developments planned in the area. All units do have approximately $125 in RUBS and currently there is one vacant unit at this property.

Status: Active

Metrolist Services Inc (Colorado) Logo Cushman & Wakefield.

Essential Information
MLS® #3001471
Price$766,660
Bedrooms8
Bathrooms4.00
Square Footage3,375
Acres0.00
Year Built1972
TypeIncome
Sub-TypeQuadplex
StatusActive
Community Information
Address2919 Sage Street
SubdivisionColorado Springs
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80907
Amenities
UtilitiesElectricity Available
Interior
HeatingBaseboard
CoolingNone
StoriesTwo
Exterior
RoofArchitecural Shingle
School Information
DistrictColorado Springs 11
ElementaryAdams
MiddleJenkins
HighCoronado
Additional Information
Date ListedNovember 15th, 2023
ZoningR5 HS
Parking Spaces4
Listing Details
Metrolist Services Inc (Colorado) LogoCushman & Wakefield
Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
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Listing information last updated on April 29th, 2024 at 4:33am MDT.