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Off market

Buy a multi-family propertyat 441 E Bijou St, Colorado Springs, CO 80903

$855,000

$870,000 (-1.72%)

$0/mo

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Multifamily

2,915 Sq. Ft.

4,758 Sq. Ft. lot

352 Days on market

3690635 MLS ID

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About 441 E Bijou St multi-family property

Incredible investment opportunity located in the heart of downtown Colorado! This beautifully updated duplex/triplex offers not one, not two, but three income-generating units, making it the perfect investment for savvy investors. The main unit (Unit 3) features two spacious bedrooms, two baths, in-unit laundry, and a its own entrance with one garage space. The second unit (Unit 2) is a one-bedroom, one-bath space with in-unit laundry, its own entrance, and has natural light through out with all the windows. This unit includes furniture. Lastly, the third unit (Unit 1) is a loft with a full bathroom and kitchenette, recently updated by the seller. This investment property is truly turnkey, with all kitchens boasting solid surfaces and appliances. The seller has recently replaced the windows, flooring, HVAC systems, hot water heaters, and electric in the new loft. You can be confident that this property is ready to generate income for you from day one. The location of this income property is unbeatable, within walking distance to downtown Colorado Springs' best restaurants, coffee shops, Colorado College campus, and parks. This is an area in high demand, with a steady stream of renters looking for modern, updated units in this sought-after location. The yard has been redone, and the fence replaced, providing added value to the property. This is a fantastic investment opportunity for anyone looking for a low-maintenance, high-yield property in downtown Colorado. Don't miss out on this incredible opportunity - schedule a showing today!
Incredible investment opportunity located in the heart of downtown Colorado! This beautifully updated duplex/triplex offers not one, not two, but three income-generating units, making it the perfect investment for savvy investors. The main unit (Unit 3) features two spacious bedrooms, two baths, in-unit laundry, and a its own entrance with one garage space. The second unit (Unit 2) is a one-bedroom, one-bath space with in-unit laundry, its own entrance, and has natural light through out with all the windows. This unit includes furniture. Lastly, the third unit (Unit 1) is a loft with a full bathroom and kitchenette, recently updated by the seller. This investment property is truly turnkey, with all kitchens boasting solid surfaces and appliances. The seller has recently replaced the windows, flooring, HVAC systems, hot water heaters, and electric in the new loft. You can be confident that this property is ready to generate income for you from day one. The location of this income property is unbeatable, within walking distance to downtown Colorado Springs' best restaurants, coffee shops, Colorado College campus, and parks. This is an area in high demand, with a steady stream of renters looking for modern, updated units in this sought-after location. The yard has been redone, and the fence replaced, providing added value to the property. This is a fantastic investment opportunity for anyone looking for a low-maintenance, high-yield property in downtown Colorado. Don't miss out on this incredible opportunity - schedule a showing today!

Property details

House

Above Grade Finished Area: 2523

Below Grade Finished Area: 432

Building Area Total: 2955

Construction Materials: "Wood/Frame"

Lower Sq Ft: 432

Total Sq Ft: 2955

Levels: "Tri-Level"

Living Area: 2915

Living Area Source: Appraiser

Living Area Units: Square Feet

Year Built: 1890

Appliances and Equipment

Appliances: "Self Cleaning Oven", "Dishwasher", "Refrigerator", "Washer", "Dryer", "Disposal"

Basement

Basement: "Partial"

Bathrooms

Bathrooms Total Integer: 4

Baths Full Additional: 0

Baths Full Basement: 0

Baths Half Additional: 0

Baths Half Basement: 0

Baths Three Quarters Additional: 0

Baths Three Quarters Basement: 0

Baths Three Quarters Lower: 0

Baths Three Quarters Upper: 0

Bedrooms

Bedrooms Total: 4

Location

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.836166

Longitude: -104.815704

MLS Area Major: Out of Area

Postal Code: 80903

State Or Province: CO

Street Dir Prefix: E

Street Name: Bijou

Street Number: 441

Street Suffix: St

Subdivision Name: Colburns

Unparsed Address: 441 E Bijou St Colorado Springs CO 80903

Cooling

Cooling: "Ceiling Fan(s)"

Cooling YN: t

Garage

Covered Spaces: 5

Garage Spaces: 5

Garage YN: t

Garage Type: Carport

Schools

Elementary School: Columbia

High School: Palmer

High School District: Colorado Springs 11

Middle Or Junior School: North

Fence

Fencing: "Fenced"

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Possible Use: "Commercial"

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Road Surface Type: "Dirt", "Gravel"

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1865

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 289.34

Listing Id: 3690635

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

List Price: 855000

Mls Status: Pending

Number Of Units Total: 3

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Lot

Lot Size Acres: 0.11

Lot Size Area: 4758

Lot Size Square Feet: 4758

Lot Size Units: Square Feet

Parking

Other Parking: Parking Per Unit(1.5 Spaces/Unit)

Miscellaneous

Other Structures: "Outbuildings"

Exterior Features

Patio And Porch Features: "Patio"

Tenant Pays

Tenant Pays: "Electricity"

Monthly cost

Estimated monthly cost

$5,270/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$803,700

+$25,650

$829,350

Seller agent commission$25,650 (3%)*

$0 (0%)

Buyer agent commission$25,650 (3%)*

$25,650 (3%)*

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

Get $25,650 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 25, 2024 at 11:50 a.m.

Data updated: Jun 16, 2023 at 4:44 p.m.

Courtesy of Michelle Ochoa, Coldwell Banker Realty BK
This content last updated on 06/16/2023. 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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