33 University Drive, Colorado Springs, CO 80910
- $690,000
- 8
- BD
- 4
- BA
- 3,111
- SqFt
- List Price
- $690,000
- Status
- ACTIVE
- Days on Market
- 103
- MLS#
- 3703452
- Year Built
- 1969
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,111
- Subdivision
- Colorado Springs
- Neighborhood
- Colorado Springs
Property Description
33 University Drive is a well-positioned 4-unit multifamily asset located in the Southeast Colorado Springs submarket. This investment offers investors a balance of in-place cash flow paired with recent renovation upside. Originally constructed in 1969 and renovated in 2021, the property consists of 3,111 square feet across four units, all configured as 2-bedroom, 1-bath layouts. The asset benefits from affordable rent positioning relative to the broader Colorado Springs market, strong tenant demand, and proximity to major retail, convenience & employment corridors. With continued population growth and rental demand in Colorado Springs, the property presents an opportunity for stable income with long-term appreciation potential.
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Additional Information
- Taxes
- $1,408
- Zoning
- R5 AO
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- One
- Roof
- Membrane, Rolled/Hot Mop
- School District
- Colorado Springs 11
- Elementary School
- Monroe
- Middle School
- Holmes
- High School
- Doherty
Courtesy of Cushman & Wakefield . lee.wagner@cushwake.com,417-459-2155
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