Residential Income for Sale: 2115 Preuss, Colorado Springs, CO 80910 SOLD

14 beds
4 baths
3,573 sqft
mls #7534316
$717,000
$717,000
2115 Preuss, Colorado Springs, CO 80910 SOLD
14 beds
4 baths
3,573 sqft
mls #7534316
$717,000
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Selling Price: $717,000
Original List Price: $760,000
Sold at 94.3% of list price
Sold Date: 09/04/2024

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Type Residential Income
Beds 14
Total Baths 4 baths
Square Feet 3,573 sqft
Garage Spaces 8
Lot Size 0.21 acres
Year Built 1969
City Colorado Springs
County El Paso
School District Colorado Springs 11
Subdivision Prospect Park
MLS 7534316
Status Closed
DOM 56 days
2115 Preuss Rd, Colorado Springs is a 4-unit apartment building, including two large two-bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 2115 Preuss Rd presents a turnkey investment opportunity with immediate cashflow. This property offers a 8.05% cap rate and 8.32% cash on cash return! For investors looking for more scale this ownership group is also offering 903 Boggs Pl, 2123 Pruess Rd, 2135 Pruess Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.

Room Features

Basement 90%+ Finished Basement, Daylight

Lot & Building Features

Appliances Dishwasher, Refrigerator, Microwave
Heating Baseboard
Sewer City Sewer, Public Sewer
Tax Year 2022
Water City Water

Community and Schools

Elementary School Hunt
Junior High School Academy for Advanced and Creative Learning
Senior High School Palmer

Unit Features

Unit 1 - DS Bedrooms 2
Unit 1 - DS Est Sq Ft 850
Unit 1 - DS Number Of Units 2
Unit 1 - DS Rent 1595
Unit 1 - DS Total Baths 1
Unit 2 - DS Bedrooms 3
Unit 2 - DS Est Sq Ft 930
Unit 2 - DS Number Of Units 2
Unit 2 - DS Rent 1795
Unit 2 - DS Total Baths 1

Price History of 2115 Preuss, Colorado Springs, CO

Date Name Price Difference
07/10/2024 Listing Price $717,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Listed by Unique Properties LLC, Will McCauley & Elliott Polanchyck 303-321-5888
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