930 N El Paso Street, Colorado Springs, CO 80903

$899,000
  • 930 N El Paso Street, Colorado Springs, CO 80903 Main Photo

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Active
BEDS0 BATHS0.0 MLS#1531691
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMary F Hendleys

Property Description

Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property! Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer. Major CapEx Upgrades: Brand-NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C. Upper Unit: Fully remodeled with an updated luxury kitchen, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting. Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage. Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout. Exterior: New exterior paint, low-maintenance landscaping with a new cobblestone patio, repaired fencing and freshly painted, ambient security lighting, and proper water diversion with a buried drain line. This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—combining strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home. Schedule your showing today!

930 N El Paso Street | MLS# 1531691

This multi-family property located at 930 N El Paso Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $899,000. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Triplex
Lot Size: 0.12 Acres
Roof Type: Composite Shingle
Taxes: $2,512
Year Built: 1906

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Basement/Foundation: Full Basement
Days on Site: 8
Existing Utilities: Electricity Connected, Natural Gas Connected
Exterior: Masonite Type
Laundry Facilities: Electric Hook-up
Parking Spaces: 10
Units: 3
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Group LLC
Agency Phone: 719-534-7900

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimate Your Payment

Estimated Payment

$ 4,899.78 per month $4,428.24 Principal & Interest $209.33 Property Tax $262.21 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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