LOT SIZE 0.218 acres
MLS#8066314
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONHillside
Property Description
Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!
Property Features
Property Type: Land - Residential
Lot Size: 0.22 Acres
Taxes: $3,155
Feature Descriptions
Addl Features: Sewer Tap Paid, Water Tap Paid
Days on Site: 1
Lot: City View, Corner, Level, Mountain View
Topography: Level
View: City, Mountain
Water: See Prop Desc Rem
Listed By / Shown By
Listed By
Agency Name: Better Homes and Gardens Real Estate Kenney & Company
Agency Phone: 719-550-1515
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimate Your Payment
Estimated Payment
$ 2,344.66 per month $1,965.37 Principal & Interest $262.92 Property Tax $116.38 Homeowner's Insurance
703 E Costilla Street | MLS# 8066314
This land located at 703 E Costilla Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $399,000. The property has approximately 0.22 Acres. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.