38.8272 -104.845055
502 S 11th Street Colorado Springs CO 80905 265674378 38.8272 -104.845055 30105 /listing/265674378-151082055/502-s-11th-street-colorado-springs-co-80905 False 0 225000.0 2889 105 102 5 3 3338394 False 1899 0.17 0.17

502 S 11th Street

Colorado Springs, CO 80905 MLS# 3338394

Closed 03/16/20

265674378 True False 38.8272 -104.845055 30105 /listing/265674378-151082055/502-s-11th-street-colorado-springs-co-80905 False 0 225000.0 2889 105 5 3 3338394 False 45354233 0
$225,000
MLS# 3338394
Closed 03/16/20
  1. Listed on 03/16/20
  • 5 Bedrooms Beds
  • 3 Bath Baths
  • 2,889 Square Feet Sq.Ft
  • 0.17 Acres
  • 1899 Year Built Yr. Built
502 S 11th Street Colorado Springs, CO 80905 MLS# 3338394
Closed 03/16/20
265674378 38.8272 -104.845055 30105 /listing/265674378-151082055/502-s-11th-street-colorado-springs-co-80905 False 0 225000.0 2889 105 5 3 3338394 False
$225,000
  • 5 Bedrooms
  • 3 Bath
  • 2,889 Square Feet
  • 0.17 Acres
  • 1899 Year Built
  1. Listed on 03/16/20
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Description

Fantastic Investment Opportunity! Tri-plex that can easily be made into 4 rental units by finishing the basement that has a separate entrance and a great return on investment. This property has limited showing hours and is being sold in As-Is condition. CASH or HARD MONEY/PRIVATE LENDER ONLY!! Don't miss out on this opportunity!! SCHEDULE YOUR SHOWING TODAY!!

Courtesy Of Your Castle Real Estate Inc
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Architecture: Traditional
  • Subdivision: Eklunds 2nd Add to Oakview
  • Beds: 5
  • SqFt Finished: 2799.00
  • SqFt Above: 2217.00
  • SqFt Basement Finished: 582.00
  • SqFt Basement Unfinished: 90.00
  • PSF Total: 77.88
  • PSF Finished: 80.39
  • PSF Above Grade: 101.49
  • Price Per Acre: 1323529.41
  • Year Built: 1899
  • Construction Materials: Concrete, Wood Siding
  • Foundation Details: Block
  • Special Listing Conditions: None Known
  • Ownership: Estate
  • Stories: 1
Interior Features
  • Appliances: Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Laundry Availability: External Facility
  • Exclusions: Seller`s and Tenant`s personal property, gas stove in the main house, freezer in the main house, chandelier in dining room of the main house, window unit swamp cooler in the main house.
  • Number Of Storage Units: 1
  • Number of Units: 3
  • Number Of Units Vacant: 1
  • Unit Count: 3
Unit Info
  • 1 Bedroom
  • Unit Type: 1 Bedroom
  • Unit Type Baths Total: 1
  • 2 Bedroom
  • Average SqFt: 1188.00, 1701.00
  • Unit Type: 2 Bedroom
  • Unit Type Baths Total: 1
Room Details
  • Basement: Partial
  • Basement YN: Y
Parking/Garage
  • Carport (Detached)
  • Parking Spaces Number Of: 1
  • Parking Type: Carport (Detached)
  • Off-Street
  • Parking Spaces Number Of: 3
  • Parking Type: Off-Street
  • Parking: Detached Carport, Off Street
  • Parking Total: 4
  • Total Carport Spaces: 1
  • Total Offstreet Spaces: 3
Community/Neighborhood Information
  • Walk Score: 34
  • Association Amenities: Coin Laundry
HOA
  • HOA YN: N
  • Restrictions/Covenants YN: N
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Actual Annual Net Income: 12300.00
  • Cap Rate: 7.70
  • Gross Income: 12900.00
  • Legal Description: LOT 1 BLK 11 EKLUNDS ADD 2 OAKVIEW
  • Operating Expense: 600.00
  • Projected Annual Expense: 12800.00
  • Projected Annual Net Income: 25680.00
  • Projected Gross Income: 38480.00
  • Tax Amount: 1316.00
  • Tax ID: 74133-13-007
  • Tax Year: 2018
  • Owner Pays Utilities: Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Internet, Telephone
Utilities & Green Home Features
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
Exterior & Lot Features
  • Zoning: R5
  • Exterior Features: Private Yard
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Front Porch
  • Road Surface: Paved
  • Roof: Composition
  • View: Mountain(s)
Schools Near 502 S 11th Street Colorado Springs, CO
District: Colorado Springs 11
Schools: Midland, West, Coronado
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2755 S LOCUST ST STE 150

DENVER, CO 80222
(303) 999-8949 (303) 962-4272

2755 S LOCUST ST STE 150

DENVER, CO 80222
(303) 962-4272
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