Property
ActiveCommercial
1/22
$790,000

129 Wellington Street

Fountain, CO 80817
0
Beds
0
Baths
4,242
SqFt
0.3
Acres
RECOLORADO
#1590835
Updated: Jun 3, 2026, 8:00pm

Property Description

Rare 6-unit investment opportunity in the Fountain community! This well-maintained and fully occupied 6-plex features all side-by-side units, all 2 bed, 1 bath configurations, providing strong rental appeal and income potential. The property is a fully stabilized asset with great in-place rents and returns, and offers a turnkey investment opportunity supported by significant capital improvements, including 6 full unit turns, updated plumbing, and a newer roof completed in 2022. Utilities are structured with no gas on site; tenants pay all electric, while the owner currently pays water/sewer/trash, with potential to bill back for additional efficiency. The property offers extremely low-maintenance costs and could easily be self-managed with it’s turnkey nature.

Ideally located with easy access to Highway 85/87, I-25, and Fort Carson, this property is also close to Pikes Peak Community College, shopping, dining, Fountain Creek Regional Park, neighborhood parks, and Downtown Fountain. Whether you're looking to expand your investment portfolio or add a well-positioned multifamily asset, this 6-plex presents an exceptional opportunity in a growing area.

Investment Highlights:

-All 2 bed, 1 bath units

-Fully stabilized asset with great in place rents & returns

-Turnkey asset with significant capital improvements including 6 full unit turns, updated plumbing, and newer roof (2022)

-Utilities: No gas, tenants pay all electric (owners currently pay W/S/T – opportunity to bill back)

-Currently self-managed with operational upside

Property Details

Interior
Building Area Total
4242
Construction
Also Marketed As
Commercial Sale
Construction Materials
ConcreteFrame
Number Of Units Total
6
Roof
Composition
Year Built
1986
Year Built Effective
2022
Site & Exterior
Current Use
Multi-Family
Lot Size Acres
0.3
Lot Size Area
12927
Lot Size Square Feet
12927
Lot Size Units
Square Feet
Offstreet Spaces
10
Parking Total
10
Sewer
Public Sewer
Water Included
Yes
Water Source
Public
Zoning
R-2
Financials
Contract Earnest Check To
Land Title
Contract Min Earnest
8000.00
Exclusions
Seller(s) personal property
Lease Considered
No
Owner Pays
Trash CollectionWater
Parcel Number
560-520-1007
Tax Annual Amount
2794
Tax Legal Description
LOT 2 WELLINGTON PARK SUB FOUNTAIN CO
Tax Year
2024
Title Company
Land Title

Neighborhood & Lifestyle

Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 3, 2026, 8:00pm.
Nic Polaski

Listing Agent

Cushman & Wakefield

Call Agent