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1073 Westmoreland Road

Colorado Springs, CO 80907
  • $699,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 6454221
UPDATED: 43 min ago
$699,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,024
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Atlas Real Estate Group.

Description

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4200 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Home Group | Keller Williams Avenues are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.hgdenver.com/homes/161022454
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1073 Westmoreland Road Colorado Springs, CO 80907

  • Price: $699,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 43 min ago
  • ID#: 6454221
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,024
SQFT
$231
$/SQFT
1972
Built
Neighborhood:
Crestmoor Park
County:
El Paso
Area:
Colorado Springs
Elementary School:
Edison
Middle School:
MANN
High School:
CORONADO
School District:
Colorado Springs 11
Property Description
Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4200 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials BrickWood Siding Foundation Details Slab Lot Size Area 9374 Offstreet Spaces 6 Parking Total 6 Roof Composition Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 3024 Basement YN No Common Walls 1 Common Wall Cooling Air Conditioning-Room Heating Baseboard Levels Two

Property Features

Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Electric 110V220 Volts Exclusions Tenant's personal belongings Gross Income 51000 Home Warranty YN No Listing Terms 1031 ExchangeCashConventionalFHAVA Loan Living Area Sq Ft 3024 Operating Expense Includes InsuranceMaintenanceProfessional ManagementReal Estate Tax Owner Pays InsuranceTaxesTrash CollectionWater Ownership Individual Possession Closing/DOD Property Attached YN Yes Property Sub Type Quadplex Restrictions Covenants YN No School Of Choice YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1873 Tax Legal Description LOT 11 BLK 8 CRESTMOOR PARK Tax Year 2023 Tenant Pays Cable TVElectricityGas Utilities Cable AvailableElectricity Available Water Source Public Zoning R5

REcolorado logo Listing courtesy of Atlas Real Estate Group:kelly.taylorblakesley@realatlas.com,720-383-8708. MLS #6454221


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Home Group | Keller Williams Avenues are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Atlas Real Estate Group.