2915 Sage Street, Colorado Springs

$766,660

8 Beds
4 Baths
2,944 Sqft
0 Acres
0 Garages

Cushman & Wakefield is pleased to present 2915 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. 2915 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 & one unit undergoing renovations at this property.

Essential Information
MLS® #1884574
Price$766,660
Bedrooms8
Bathrooms4.00
Square Footage2,944
Acres0.00
Year Built1972
TypeResidential Income
Sub-TypeQuadplex
StatusActive
Community Information
Address2915 Sage Street
SubdivisionColorado Springs
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80907
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
OfficeCushman & Wakefield
LISTING MAP

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