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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$840,000

Est. payment - /mo

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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 7536806

HOA Y/N No

Year Built 1952

Property Sub-Type Multi Family

Property Description

Offered for sale is a well-located multifamily asset at 624 Prairie Rd in the heart of Colorado Springs, CO. This property consists of two buildings totaling approximately 4,708 square feet of rentable space, situated on an 11,250 square foot lot. Built in 1952, the buildings feature stucco exterior construction with pitched composition shingle roofs and a two-story configuration. The unit mix includes a total of eight units, comprised of six one-bedroom, one-bath units and two two bedroom, one-bath units. The property also includes one garage parking space.

624 Prairie Rd is situated just a few blocks from the U.S. Olympic Training Center and Boulder Park, offering tenants access to outdoor recreation, green space, and one of the city's most prominent athletic landmarks. This proximity enhances both tenant desirability and long-term investment appeal. With solid in-place fundamentals and room for operational upside, this asset presents a compelling opportunity for investors seeking stable returns and value-add potential in a strong rental submarket of Colorado Springs.

Location

State CO

County El Paso

Zoning R-2

Exterior

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Tax ID 64093-26-001

Special Listing Condition None Known

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Listed byUnique Properties LLC

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

624 Prairie RD Colorado Springs, CO 80909

Source Home Group

Key Details

Location

Exterior

Building

Others

Nearby School & Business

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