Colorado Springs, CO 80907 1073 Westmoreland Rd
$699,000
30 more
Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708
Beds • 8
Baths • 4
SQFT • 3,024
Garage • 6
Home Details
Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4200 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.
Presented By: Atlas Real Estate Group; kelly.taylorblakesley@realatlas.com,720-383-8708
Interior Features for 1073 Westmoreland Rd
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3024
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
General for 1073 Westmoreland Rd
Attached Garage No
Cap Rate5.199999
CityColorado Springs
Construction MaterialsBrick/Brick Veneer, Wood Siding
CoolingRoom Air Conditioner
CountyEl Paso
Directionshttps://www.google.com/maps/place/1073+Westmoreland+Rd, +Colorado+Springs, +CO+80907/data=!4m2!3m1!1s0x87134f9857075d6f:0xa946abc96b8dab2a?sa=X&ved=1t:242&ictx=111
ElectricElectric
Elementary SchoolEdison
ExclusionsTenant's personal belongings
Garage Spaces6
Garage Y/NYes
Gross Income51000
HOANo
HeatingBaseboard
High SchoolCoronado
High School DistrictColorado Springs 11
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet9374
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolMann
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameCrestmoor Park
Tax Annual Amount1873
Tax Year2023
Tenant PaysGas, Electricity
UtilitiesElectricity Available, Cable Available
Waterfront Y/NNo
Year Built1972
ZoningR5
Exterior for 1073 Westmoreland Rd
Building Area Total3024
Covered Spaces6
Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres0.22
Lot Size Area9374
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
High School
Coronado High School
Elementary School
Edison Elementary School
Middle School
Mann Middle School
