1101 E Boulder Street, Colorado Springs, CO 80903

$925,000 Asking Price

9 beds
5 baths
5,024  sqft
Built in 1954

Stellar investment opportunity in growing downtown Colorado Springs. Two structures - a large duplex/fourplex and a turn of the century cottage. All units are fully leased with great rental income. The duplex/4plex features almost 3,500 square feet, 4 entrances. Two main level 2 bed/1 bath apartments, two lower level 1 bed/1 bath apartments, two laundry rooms. The cottage is over 1,500 sq ft, 3 bedrooms, 1 bath main level laundry. The property has a 2 car detached garage and a 1 car detached garage. Freshly painted exterior, new sewer line, newer furnaces, newer appliances and water heaters. The property is located in the popular Shooks Run community and located within a short distance to the best coffee shops, the amenities of downtown, multiple parks and Memorial Hospital. Amazing opportunity for a great cash flow rental property.

Features & Amenities

Interior

Appliances:
Dishwasher,Oven,Refrigerator
Laundry:
Basement,Main
Flooring:
Carpet,Tile,Vinyl/Linoleum,Wood
A/C:
Ceiling Fan(s)
Heating:
Forced Air,Natural Gas

Exterior

Style:
Ranch

Construction

Roofing:
Composite Shingle
General:
Stucco,Wood, Ranch, Crawl Space,Full Basement

Location

HOA Amenities:
0.0, Not Applicable
School District:
Colorado Springs 11
County:
El Paso

Lot

Fencing:
See Prop Desc Remarks

Utilities

Utilities:
Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected
Water:
Municipal

This listing courtesy of:
LIV Sotheby's International Realty CO Springs, Michael Turner

About Colorado Springs, CO

Housing

Number of Units
261,010
Median Home Value
$320,371
Median Rent
$1,128

38.15% of housing units are renter occupied.

4.79% are vacant.

Commute

Car
65.07%
Public Transportation
0.55%
Walk to Work
1.30%
Work from Home
32.17%
Other
0.52%

The median travel time to work is 17 minutes.

People

Population
618,741
Median Age
35.20
Median Household Size
2.77

Education

High School
20.31%
Associate’s Degree
11.24%
Bachelor’s Degree
24.43%
Graduate Degree
15.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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