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At RE/MAX Professionals (formerly Masters Millennium), James T. Wanzeck and his team are dedicated to providing superior customer service and 100% cli...
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Listing Source
With courtesy of Cushman & Wakefield Posted by REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
2625 E Uintah Street
Colorado Springs, CO 80909
— El Paso
County — Divine Redeemer Neighborhood
Cushman and Wakefield is excited to present an exceptional investment opportunity at 2625–2627 East Uintah, strategically located in the heart of Colorado Springs. This property features two well-maintained 4-plex buildings, offering a total of 8 spacious units, each with an average size of 850 square feet. With its prime location and unique condo-style layout, this property provides not only a steady cash flow but also future potential for significant returns. Each of the large 2-bedroom units are thoughtfully designed with modern amenities, including in-unit washers and dryers. This adds both convenience and value, enhancing tenant satisfaction and retention. The property has been meticulously cared for, with clean, well-kept common areas and a professionally managed HOA that ensures long-term quality. Recent capital improvements, such as the installation of PEX water lines, further enhance the property’s durability, minimizing future maintenance costs and securing its long-term value.What truly sets this investment apart is its future potential for condo conversion. The condo-style design of the units positions the property for the possibility of selling individual units, a strategy that could significantly maximize future returns. With Colorado Springs’ growing popularity and demand for both rental units and condos, this opportunity offers substantial upside potential. This property is a unique opportunity for investors looking to secure immediate rental income while positioning themselves for long-term appreciation through potential condo sales. Its combination of high-quality construction, prime location, and significant future upside makes this a must-see for investors seeking strong returns in the vibrant Colorado Springs market. OWNER IS WILLING TO SELL ONE INDIVIDUALLY OR BOTH 2625 and 2627 UINTAH TOGETHER.