930 N El Paso Street Colorado Springs, CO 80903
5,013 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1531691
Construction Status Existing
Year Built 1906
Annual Tax Amount $2,512
Tax Year 2025
Lot Size 5,013 Sqft
Acres 0.1151
Property Sub-Type Triplex
Source Pikes Peak REALTOR® Services
Property Description
Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer.
Major CapEx Upgrades: Brand-NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A/C.
Upper Unit: Fully remodeled with an updated luxury kitchen with quartz countertops, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer/dryer and dishwasher hookups, keyless entry, and rebuilt indoor/outdoor stairs. Fresh paint, flooring and lighting.
Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage.
Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout.
Exterior: New exterior blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, ambient security lighting, and proper water diversion with a buried drain line.
This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—combining strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home. Schedule your showing today!
Location
State CO
County El Paso
Rooms
Basement Full Basement
Interior
Heating Electric, See Prop Desc Remarks, Wall Furnace
Cooling Ceiling Fan(s), See Prop Desc Remarks, Wall Unit(s)
Fireplaces Type Main Level, One
Furnishings Existing
Window Features Vinyl
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry Electric Hook-up
Exterior
Carport Spaces 10
Fence All
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Sewer Sewer
Water Municipal
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Tax ID 6407120025
Acceptable Financing Cash, Conventional, VA
Listing Terms Cash, Conventional, VA
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