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719 N Nevada Avenue

Colorado Springs, CO 80903
  • $1,200,000
  • STATUS: Active
  • ON SITE: 143 Days
  • ID#: 9849659
UPDATED: 37 min ago
$1,200,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1889
County:

School Ratings & Info

School District:
Listing provided courtesy of 00001633-Skyline Properties, Inc.

Description

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. The back yard is a common area for all tenants to use. The basement could be finished with two possible new units. There is plumbing for a possible new laundry area. Other possibilities include office space or storage. 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. This is a 5 plex zoned commercial: RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER; 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, living area, 1 bath, kitchen 550 sq.ft. The property is near Colorado College's new Hockey Stadium. The basement has potential to be used as a laundry area, office space or storage area for more rent income. Three of the units leases expire August 2021. 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.

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Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-10-19T17:40:54.637.
www.tarynsimental.com/homes/117711167
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719 N Nevada Avenue Colorado Springs, CO 80903

  • Price: $1,200,000
  • Status: Active
  • Updated: 37 min ago
  • ID#: 9849659
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1889
Built
Neighborhood:
Colorado Springs Addition
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs-11
Property Description
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. The back yard is a common area for all tenants to use. The basement could be finished with two possible new units. There is plumbing for a possible new laundry area. Other possibilities include office space or storage. 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. This is a 5 plex zoned commercial: RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER; 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, living area, 1 bath, kitchen 550 sq.ft. The property is near Colorado College's new Hockey Stadium. The basement has potential to be used as a laundry area, office space or storage area for more rent income. Three of the units leases expire August 2021. 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.
Exterior Features

Fence Rear Foundation Details Full Basement Lot Size 9500.0000 Lot Size Units Sqft Parking Spaces Number Of 10 Roof Composite Shingle Siding Wood Structure Framed On LotWood Frame

Interior Features

Appliances DishwasherRange OvenRefrigerator Cooling None Fireplace Description ThreeWoodSee Prop Desc Remarks Heating BaseboardForced AirNatural Gas Laundry Facilities None

Property Features

Earnest Money 12000 Income Property Sub Type 5-Plex Notices Not Applicable Tax Amount 2059.00 Tax Year 2020 Unit Count 5 Utilities CableElectricityNatural GasTelephone Water Municipal



Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2021-10-19T17:40:54.637.
 
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Simental Homes | The Cutting Edge, Realtors
5881 N Academy Blvd
Colorado Springs CO, 80918
Listing provided courtesy of 00001633-Skyline Properties, Inc.