930 N EL PASO StreetColorado Springs, CO 80903
- Sq ft
- 0
- Acres
- 0.12
- Built
- 1906
Listing courtesy of RE/MAX Real Estate Group LLC · Active · MLS #1531691
About this home
Seller Concessions of $20,000.00 offered to be used towards Closing Costs and/or Permanent or Temporary Rate Buydowns. Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property! 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: 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. 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—strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home.
Virtual tour ↗Details
Interior
- Full / ¾ / half baths
- 0 / 0 / 0
- Basement
- Full Basement
- Heating
- Electric, See Prop Desc Remarks, Wall Furnace
- Cooling
- Ceiling Fan(s), See Prop Desc Remarks, Wall Unit(s)
- Fireplace
- Main Level, One
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry
- Electric Hook-up
Exterior and lot
- Roof
- Composite Shingle
- Siding
- Masonite Type
- Lot
- 5,014 sq ft
- Water
- Municipal
- Sewer
- Sewer
Costs and listing
- Property type
- Income · Triplex
- Taxes
- $2,512.15 (2025)
- School district
- Colorado Springs 11
- County
- El Paso
- MLS #
- 1531691