719 N Nevada Avenue, Colorado Springs, CO 80903 | MLS 6479274 | Listing Information | Listings.com: Homes for Sale, Home Values, MLS Search
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FOR SALE
$1,200,000

719 N Nevada Avenue
Colorado Springs, CO 80903

Single Family
Residence
7
Beds
5
Baths
4,550
Sq. Ft.
0.2181
Acre Lot
1of
Photos
Map
Courtesy: Skyline Properties, Inc
Listings> Colorado> Colorado Springs> 80903
BEAUTIFUL 5 PLEX WITH 5 UNITS ALL OCCUPIED. What an amazing charming 1889 Victorian 5 plex. The woodwork throughout the home is stunning, original and historical. There are three beautiful vintage fireplaces. This property is eligible for the National historic register. The secured front entrance leads to a common lobby for all tenants. There is a common fenced in back yard area for tenant to use. There are 10-12 spaces available for parking in the back of the property with alley access. Three of those space can be rented out to the renters next door if needed. It is commercial zoning that allows for many uses. All of the units have been leased for several years to professionals. There hasn't been any advertising needed. There have been many improvements since 2016 on this property. There will be a list of items provided to the potential buyer as there are too many to list. The property is near Colorado College's new Hockey Stadium. RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER. This is a 5 plex zoned commercial: Unit 1 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 2 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 3 = 1 bed, 1 bath, kitchen, living area 575 sq.ft. Unit 4 = 1 bed, 1 bath, kitchen, living area 475 sq.ft. Unit 5 = a loft, 1 bed, 1 bath, living area, kitchen 550 sq.ft. The basement has potential to be used as a laundry area, office space or storage area for more rent income. For more income details and information on this property, go to MLS#9849659 or contact the listing agent. Photos show exterior, interior common areas, a few previous photos on one unit, and basement only - schedule a showing to see interiors of the 5 individual units as they are all private to protect the tenants.
6479274
Single Family, 3+ Story
7
El Paso
5 Full
1889
0.2181 Acres
Municipal
3
Wood
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