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624 N Weber St.

Colorado Springs, Colorado 80903

CONTACT BROKER
Price
$895,000
Property Type
Multifamily
# of Units
7
Building Size
2,914 SQFT
Lot Size
9,500 SQFT
Year Built
1888

Description

624 N Weber St. is a 7-unit apartment building located in downtown Colorado Springs, CO, just blocks from Colorado College campus and hundreds of downtown restaurants, shops and local businesses.

The building offers classic Victorian appeal with unique charm and architecture that appeals to tenants seeking character-rich homes in a central, vibrant location.

624 Weber is brought to market with 100% occupancy. The property offers a variety of units, which are turned with vinyl flooring, new paint and various updates to kitchens and baths. Units rent quickly and the property offers investors a robust revenue stream in a first class location.

The 600 block of North Weber in Colorado Springs is a central location that is merely steps to Colorado College and CC hockey games at the new Ed Robson Arena. Investors have the opportunity to add value to this classic, well located asset while enjoying cash flow from day one.

Highlights

  • Priced well below comps
  • Central Colorado Springs location
  • Walking distance to Colorado College and Ed Robson Arena
  • Upside potential adding washer/dryer to building

Brokers

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Joe Hornstein

. Principal
(720) 939-2943.
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Scott Fetter

. Principal
(720) 470-3646.

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