2545-2551 WILLAMETTE Avenue
Multi-Family $ 700,000

2545-2551 WILLAMETTE Avenue

Colorado Springs, CO 80904

  • 2,639 Lot Size
  • 1985 Year Built
Incredible investment opportunity on the highly desirable West Side of Colorado Springs! This well-maintained multifamily property features four spacious 750 sq. ft. units, each with 2 bedrooms and 1 bathroom. A rare find, every apartment comes with its own street address, giving tenants added privacy and the feel of single-family living. Each unit is accessed through a secure shared foyer, with the convenience of an on-site laundry room. Tenants enjoy separate storage spaces for added functionality, along with ample parking in a large private lot plus additional street parking. The exterior has been thoughtfully updated with a new roof and paint, while the xeriscaped landscaping offers great curb appeal and low-maintenance care. Located just minutes from Old Colorado City's shops, restaurants, and farmers market, this income property is perfectly positioned for strong rental demand. Outdoor enthusiasts will love the easy access to Garden of the Gods, Red Rock Canyon Open Space, and nearby trails, while commuters benefit from quick connections to I-25, Downtown Colorado Springs, and major employers. With its prime location, recent upgrades, and desirable features, this Colorado Springs 4-plex is an ideal addition to any real estate investment portfolio.
Listed by Keller Williams Action Realty, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Fourplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 1462122

    Construction Status Existing

    Year Built 1985

    Annual Tax Amount $2,308

    Tax Year 2024

    Lot Size 2,639 Sqft

    Acres 0.0606

    Property Sub-Type Fourplex

    Source Pikes Peak REALTORĀ® Services

  • Location

    State CO

    County El Paso

  • Building

    Sewer Sewer

    Water Municipal

    Construction Status Existing

  • Interior

    Heating Forced Air

    Cooling None

    Fireplaces Type None

    Furnishings Existing

    Appliance Dishwasher, Microwave Oven, Oven, Range, Refrigerator

    Laundry Common

  • Exterior

    Carport Spaces 4

    Utilities Available Electricity Connected, Natural Gas Connected

  • Schools

    School District Colorado Springs 11

  • Others

    Tax ID 7411239012

    Acceptable Financing Cash, Conventional, FHA, VA

    Listing Terms Cash, Conventional, FHA, VA

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