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Key Details
Sold Price $516,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $258
Subdivision Roswell
MLS Listing ID 8825316
Style Traditional
Bedrooms 6
Full Baths 3
Year Built 1942
Annual Tax Amount $1,635
Tax Year 2024
Lot Size 0.258 Acres
Property Sub-Type Single Family Residence
Property Description
Corner-Lot Triplex | Income-Producing Opportunity! This well-maintained triplex sits on a spacious quarter-acre corner lot and offers immediate income with long-term upside. Each of the three 2-bedroom, 1-bath units is thoughtfully laid out, featuring it's own stackable washer/dryer and access to a private, fenced backyard—plus two of the units include private storage sheds. Ample street parking adds convenience for tenants. 2 of the 3 units are currently vacant so that the new owner can choose their future tenants; with the occupied units lease ending at the end of November. Brand new carpet has been installed in 2 of the 3 units as of October 2025. The property line on the triplex actually extends about 10' passed the fenced backyard as well. This lot is zoned R-2. Buyers can use a VA or FHA type loan if they plan to occupy one of the three units as well. The units currently rent out at $1,300+/month. If buyer wants to remodel the kitchens, Seller has quotes to share from a local contractor for $12-13K per unit kitchen remodel. Don't miss this prime multi-family investment in a very quiet neighborhood near schools, parks, shopping, and easy access to I-25. Contact the listing agent o schedule a private tour today!
Location
State CO
County El Paso
Zoning R-2
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Tile, Vinyl
Exterior
Exterior Feature Private Yard
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
View Mountain(s)
Roof Type Composition
Building
Lot Description Corner Lot, Landscaped, Level
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
Schools
Elementary Schools Jackson
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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