Sold

Closed

417-419 Swope Avenue

Colorado Springs CO, 80909

$720,000


$225.00 per sqft

Sold

Closed

8 Beds

8 Baths

3,200 sqft

Multi-family

Built in 1985

Cushman & Wakefield is pleased to present 417 & 419 Swope Ave in Colorado Springs Colorado. This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympic Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units. Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.

6405298

MLS ID

May 24, 2024

Listed

November 25, 2024

Updated

Map

417-419 Swope Avenue
Colorado Springs CO, 80909

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Roof

Architecural Shingle


Sewer

Public Sewer

School Information

School District

Colorado Springs 11


High School

Mitchell


Elementary School

Monroe

Other Property Details

Taxes

$1,396


Tax Frequency

Annually


Garage

No


Parking Total

6


View

No


County

El Paso


Pool

No


Zoning

R4

Listing History

Date

Event

Price

9/20/2024

Sold

$720,000

8/5/2024

Pending

Listed by Cushman & Wakefield, Nic Polaski, Listing Contact: [email protected],719-238-9074 
 

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