Colorado Springs, CO 80903,322 Saint Vrain
Colorado Springs, CO 80903,322 Saint Vrain
Colorado Springs, CO 80903,322 Saint Vrain
Colorado Springs, CO 80903,322 Saint Vrain
Colorado Springs, CO 80903,322 Saint Vrain
Colorado Springs, CO 80903,322 Saint Vrain
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$410,000

$425,000

3.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,572 SqFt


SOLD DATE : 05/08/2025

Key Details

Sold Price $410,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,572 sqft

Price per Sqft $159

Subdivision Colo Spgs

MLS Listing ID 6314533

Sold Date 05/08/25

HOA Y/N No

Abv Grd Liv Area 2,572

Originating Board recolorado

Year Built 1892

Annual Tax Amount $869

Tax Year 2024

Property Sub-Type Triplex

Property Description

Cushman and Wakefield is pleased to offer a rare opportunity to acquire a 3-unit multifamily property located at 322 E St Vrain Street in the heart of Downtown Colorado Springs. This well-located asset provides a blend of immediate income potential and long-term appreciation, making it a standout opportunity in a rapidly growing market.

The property consists of three well-maintained units, offering a desirable mix of rental options. It is ideally situated for tenants who wish to live in close proximity to the dynamic energy of Downtown Colorado Springs. With rents below market rates, there is immediate potential to increase income by adjusting rents to reflect current market conditions.

Situated in the heart of Downtown Colorado Springs, this property is just steps away from an abundance of dining, coffee shops, boutique retailers, and entertainment venues. The area is known for its lively atmosphere, rich cultural offerings, and unique shopping experiences, making it a highly desirable destination for residents.

322 E St Vrain Street represents a solid investment with the potential for both immediate cash flow and significant value appreciation. With under-market rents and long-term ownership, this property offers an ideal opportunity to increase rental income, creating substantial upside for a new owner. Its location in one of the most desirable and walkable neighborhoods in Colorado Springs, combined with the potential for rent growth, makes this asset a prime addition to any investor's portfolio.

Location

State CO

County El Paso

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Sewer Community Sewer

Level or Stories Two

Structure Type Cement Siding

Schools

Elementary Schools Taylor

Middle Schools North

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Cushman & Wakefield
Bought with NON MLS PARTICIPANT
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At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon Lecocq and the EPIQUE team today!

+1(719) 413-6610

brandonlecocq.co@gmail.com

1400 16th St, Denver, CO, 80202-1470, USA

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