930 N EL PASO Street, Colorado Springs, Colorado, United States, 80903
899,000
for Sale
5,014
About the property:
Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property!
Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer.
Major CapEx Upgrades: Brand-NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C.
Upper Unit: Fully remodeled with an updated luxury kitchen with quartz countertops, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting.
Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage.
Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout.
Exterior: New exterior blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, ambient security lighting, and proper water diversion with a buried drain line.
This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—combining strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home. Schedule your showing today!
- Property Type:
- Triplex
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.1151
- Central A/C:
- Yes
- Central A C Details:
- Ceiling Fan(s), See Prop Desc Remarks, Wall Unit(s)
- Water:
- Municipal
- Fireplace:
- Main Level, One
- Heating:
- Electric, See Prop Desc Remarks, Wall Furnace
- Appliances:
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Sewer:
- Sewer
- Association Fee:
- 0
- Is Fireplace:
- Yes
- Is Fenced:
- Yes
- Is Front Porch:
- Yes
- Is Investment:
- Yes
- Is Updated Kitchen:
- Yes
- Is Maintenance:
- Yes
- Is New Roof:
- Yes
- Is Security:
- Yes
- Is Washer:
- Yes
- Listing ID:
- 1531691
Rooms
Dimensions
Brokered by:
RE/MAX Real Estate Group Llc
Presented By: