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Off market

Buy a multi-family propertyat 1103 Westend Ave, Colorado Springs, CO 80904

$525,000

$0/mo

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Multifamily

1,728 Sq. Ft.

7,200 Sq. Ft. lot

364 Days on market

3418582 MLS ID

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About 1103 Westend Ave multi-family property

Incredible turnkey investment opportunity! This is an ideal situation for a primary owner to live in the top unit and rent the bottom unit! Sellers are offering a 2-1 buydown incentive! Beautiful duplex within walking distance to Old Colorado City and minutes to spectacular hiking at Garden of the Gods, Red Rocks Open Space and easy access to Manitou Springs. Property has new exterior paint, xeriscaped low maintenance front yard, huge concrete driveway for off-street parking, and radon mitigation system. Upper Unit: Fully renovated with gorgeous, customized kitchen and bathroom. Beautiful white cabinets, granite counters, and stainless steel appliances. Living room has vaulted, exposed beam ceilings and skylights. New laminate flooring throughout. Covered front porch with swing and cute flowerbeds. Sliding, glass door leads to deck in back with city and mountain views! Tenant lease through July 2023. Lower unit: concrete floors, stainless steel refrigerator. Oak cabinets. Can lights. Tenant lease through July 2024. Both units share electric, gas, sewer and water.
Incredible turnkey investment opportunity! This is an ideal situation for a primary owner to live in the top unit and rent the bottom unit! Sellers are offering a 2-1 buydown incentive! Beautiful duplex within walking distance to Old Colorado City and minutes to spectacular hiking at Garden of the Gods, Red Rocks Open Space and easy access to Manitou Springs. Property has new exterior paint, xeriscaped low maintenance front yard, huge concrete driveway for off-street parking, and radon mitigation system. Upper Unit: Fully renovated with gorgeous, customized kitchen and bathroom. Beautiful white cabinets, granite counters, and stainless steel appliances. Living room has vaulted, exposed beam ceilings and skylights. New laminate flooring throughout. Covered front porch with swing and cute flowerbeds. Sliding, glass door leads to deck in back with city and mountain views! Tenant lease through July 2023. Lower unit: concrete floors, stainless steel refrigerator. Oak cabinets. Can lights. Tenant lease through July 2024. Both units share electric, gas, sewer and water.

Property details

Location

Street Number: 1103

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.839619

Longitude: -104.871323

MLS Area Major: Out of Area

Postal Code: 80904

State Or Province: CO

Street Name: Westend

Street Suffix: Ave

Subdivision Name: Botts

Unparsed Address: 1103 Westend Ave Colorado Springs CO 80904

House

Above Grade Finished Area: 864

Below Grade Finished Area: 864

Building Area Total: 1728

Construction Materials: "Wood/Frame"

Lower Sq Ft: 864

Total Sq Ft: 1728

Levels: "Two"

Living Area: 1728

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Structure Type: "Duplex"

Year Built: 1984

Property Access

Accessibility Features: "Level Lot"

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator", "Washer", "Dryer"

Basement

Basement: "Full"

Bathrooms

Bathrooms Total Integer: 2

Bedrooms

Bedrooms Total: 4

Garage

Covered Spaces: 4

Garage Spaces: 4

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric"

Gas: "Natural Gas"

Utilities: "Natural Gas Available", "Electricity Available"

Schools

Elementary School: Midland

High School: Coronado

High School District: Colorado Springs 11

Middle Or Junior School: West

Fence

Fencing: "Partial"

Fireplaces

Fireplace Features: "None"

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1205

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 303.82

Listing Id: 3418582

Listing Terms: "Cash", "Conventional", "VA Loan"

List Price: 525000

Mls Status: Pending

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Interior Features

Interior Features: "Cathedral/Vaulted Ceilings"

Lot

Lot Features: "Level"

Lot Size Acres: 0.17

Lot Size Area: 7200

Lot Size Square Feet: 7200

Lot Size Units: Square Feet

Exterior Features

Patio And Porch Features: "Patio", "Deck"

Tenant Pays

Tenant Pays: "Gas", "Electricity", "Water", "Trash Collection"

Monthly cost

Estimated monthly cost

$3,236/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$493,500

+$15,750

$509,250

Seller agent commission$15,750 (3%)*

$0 (0%)

Buyer agent commission$15,750 (3%)*

$15,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $15,750 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:37 p.m.

Data updated: May 2, 2023 at 4:10 p.m.

Courtesy of Brian Boals, RE/MAX Real Estate Group Inc
This content last updated on 05/02/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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