1115 Old Dutch Mill Rd
Colorado Springs, CO 80907
- 10 beds
- 4 baths
- 3,526 sqft
- $221 per sqft
- 1969 build
- – on site
Cushman & Wakefield is pleased to present 1115 Old Dutch Mill Rd, a 4-unit multifamily property in an investor friendly, West side neighborhood in Colorado Springs. The property consists of two 2 bed/1 bath units and two 3 bed/1 bath units. Each unit offers spacious living and kitchen areas, two of the units feature balconies in the back of the building and all are individually metered for electric. The property has shared coin laundry, off-street parking, updated windows, a NEW ROOF in September 2024 and newly renovated unit. The property has been well cared for by the long-term owner. Potential buyers have the operational value add of getting all units up to market rent and continuing property improvements. This West side location provides residents access to major tech employers along west Garden of the Gods Rd as well as short drives to Garden of the Gods and downtown Colorado Springs. Its prime location, near outdoor recreation, dining & retail centers, provides a strong foundation for attracting and retaining quality long-term tenants. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The attractiveness of this asset is magnified by the solid in place returns, flexible debt options and limited number of performing properties available in this market. Investment Highlights: -One unit currently vacant -Recent interior unit renovations -Tenants pay all utilities -Great unit mix with room for rent growth as leases turn
Last checked:
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Last updated Oct 24, 2024
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MLS# 5920810 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1969
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Construction Materials:Stucco
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Structure Type:Quadruplex
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Roof:Membrane
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Basement:false
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Levels:Two
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Building Area Total:3526
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Building Area Source:Public Records
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Above Grade Finished Area:3526
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Property Attached:false
Interior
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Laundry Features:Common Area
Room Dimensions
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Living Area:3526
Location
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Latitude:38.89509639
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Longitude:-104.84305539
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:73252-09-027
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Zoning:R4
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Exclusions:N/A
Listing Agent
- Contact info:
- Agent phone:
- (719) 238-9074
- Office phone:
- (303) 292-3700
Taxes
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Tax Year:2023
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Tax Annual Amount:3000
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Tax Legal Description:TRACT B BLK 3 REPLAT OF LOT 11, BLK 3 HOLLAND PARK SUB 3
Beds
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Bedrooms Total:10
Baths
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Total Baths:4
Heating & Cooling
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Heating:Baseboard
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Cooling:Other
Utilities
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Sewer:Public Sewer
Schools
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Elementary School:Jackson
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:Holmes
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Middle Or Junior School District:Colorado Springs 11
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Holland Park
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Senior Community:false
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Association:false
Parking
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Parking Total:6
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
