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Colin Whitenack

[email protected] +1(303) 912-5394

$ 760,000

Est. payment -/mo

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Pending

903 Boggs Colorado Springs, CO 80910

14 Beds

4 Baths

3,573 SqFt

UPDATED:

11/04/2024 03:37 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,573 sqft

Price per Sqft $212

Subdivision Prospect Park

MLS Listing ID 8191667

Bedrooms 14

HOA Y/N No

Originating Board recolorado

Year Built 1969

Annual Tax Amount $1,574

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Description

903 Boggs Pl, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, four new force air furnaces and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 903 Boggs Pl presents a turnkey investment opportunity with immediate cashflow. Four of the units are fully leased through 2024. This property offers a 8.05% cap rate and 8.32% cash on cash return!
For investors looking for more scale this ownership group is also offering 2115 Preuss Rd, 2123 Pruess Rd, 2135 Pruess Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.

Location

State CO

County El Paso

Rooms

Basement Daylight, Finished

Interior

Heating Baseboard

Cooling None

Flooring Vinyl

Fireplace N

Laundry Common Area

Exterior

Garage Asphalt

Fence Partial

Utilities Available Internet Access (Wired)

Roof Type Architecural Shingle

Parking Type Asphalt

Total Parking Spaces 8

Garage No

Building

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco

Schools

Elementary Schools Hunt

Middle Schools Academy For Advanced And Creative Learning

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Unique Properties LLC • [email protected],781-733-3732

Colin Whitenack

+1(303) 912-5394

Colin Whitenack

903 Boggs Colorado Springs, CO 80910

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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903 Boggs