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$685,000
1073 Westmoreland Rd, Colorado Springs, CO, 80907
8
Beds
4
Baths
3,024
Square Feet
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.
Offered By
Kelly Taylor Blakesley kelly.taylorblakesley@realatlas.com,720-383-8708, Atlas Real Estate Group
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Property Sub Type
Income Property
Square Feet
3,024
MLS #
6454221
Heating
Baseboard
Cooling
Room Air Conditioner
Utility Features
Electricity Available, Cable Available
SEWER
City Sewer, Public Sewer
WATER SOURCE
City Water
Year Built
1972
FOUNDATION
Slab
Roof
Composition
Garage spaces
6
CITY
Colorado Springs
SUBDIVISION
Crestmoor Park
COUNTY
El Paso
AREA
Out of Area
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
1873.0
LATEST UPDATE
2025-06-06T16:56:47.902Z
DAYS ON MARKET
71
PRICE CHANGE(S)
$699,000 Mar 3, 2025
$685,000 May 12, 2025
CUMULATIVE DAYS ON MARKET
71
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Property Sub Type
Income Property
Square Feet
3,024
MLS #
6454221
New Properties On Market
14
180%
Increase In New Listings
Average Asking Price
$538,973
$191,407 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$226
$12 Decrease In List Price/Sq. Ft.
Average Days On Market
8
6 Day
Decrease In Days On Market
Data as of Jun 08, 2025.
Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
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Property data was last updated on 6/6/2025 at 2:23 pm