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825 E Kiowa Street,  Colorado Springs CO, 80903 ( Under Contract )

MLS# 7514040
Source:REcolorado

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Listing Provided Courtesy Of: RE/MAX Real Estate Group Inc
Last Updated: 12/9/2016 10:13 PM
Description for 825 E Kiowa Street,  Colorado Springs CO, 80903
Incredible investment opportunity! You wonât find another property like this downtown. Zoned R-4 where an investor could build up to a total of 8 units on this piece of property. Minutes walking distance from the heart of downtown. Existing structure could easily be knocked down. The home has foundation issues that will need to be addressed if kept and a mold issue. One could also renovate this home and build an additional building behind this house. Long skinny lot. Added area could potentially be built out. Property has lots of potential to cash flow. AMAZING OPPORTUNITY AND VERY RARE FIND IN THE DOWNTOWN AREA. Existing home has a pottery barn like feel. Hardwood floors, newer vinyl windows, tall ceilings.
Price
$165,000
Bristols - Central
El Paso
7514040
Under Contract
Description
Incredible investment opportunity! You wonât find another property like this downtown. Zoned R-4 where an investor could build up to a total of 8 units on this piece of property. Minutes walking distance from the heart of downtown. Existing structure could easily be knocked down. The home has foundation issues that will need to be addressed if kept and a mold issue. One could also renovate this home and build an additional building behind this house. Long skinny lot. Added area could potentially be built out. Property has lots of potential to cash flow. AMAZING OPPORTUNITY AND VERY RARE FIND IN THE DOWNTOWN AREA. Existing home has a pottery barn like feel. Hardwood floors, newer vinyl windows, tall ceilings.
Listing Information
Property Type: Land
0.12 Acres 5,012
Bristols - Central
Public Water Service
Public Sewer
Natural Gas
Neighborhood
School Information
District: Colorado Springs 11
Exterior / Lot Features
Mountain
R4
Level
Residential Land, Near Public Transit, Public Roads, Paved Road, Level
Community Features
Bus Line
Financial Considerations
64172-17-026
$773
2015
Listing Price History

Colorado Springs Real Estate

Colorado Springs is located in Colorado. Colorado Springs, Colorado 80903 has a population of 417,534.

The median household income in Colorado Springs, Colorado 80903 is $54,351. The median household income for the surrounding county is $57,531 compared to the national median of $53,046. The median age of people living in Colorado Springs 80903 is 34.9 years.

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Courtesy: RE/MAX Real Estate Group Inc
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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