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311 University Drive, Colorado Springs, Colorado

$325,000For Sale Under Contract

311 University Drive, Colorado Springs, Colorado 80910
- MLS® ID: 9518169

Property Details

311 University Drive, Colorado Springs, Colorado 80910 - 5 Unit investment property. 2 of 5 units occupied. Some units with new carpet, tile flooring, updated fixtures, new and refinished cabinetry and fresh paint. Unit #1-3 bed with attached 3/4 master and full bath. 3 units 2 Bed/2 Bath. One 2Bed/1Bath. Laundry room on site with coin operated washer/dryer. Central location off of major through street. Can't get ROI like this anywhere else! Rents were at 3250/month and have not been raised in years. Was at always at full occupancy until I decided to sell. We have not renewed any leases so that new seller can decide what to do, but there was always a line of people waiting to rent.


  • Zip80910
  • CountyEl Paso
  • StatusActive
  • Purchase TypeFor Sale Under Contract
  • Property typeMulti-Family
  • School districtColorado Springs
  • Year built1965
  • Lot size0.1974
  • Tax amount$866.00
  • Tax year2016
  • MLS® ID9518169

Listing Courtesy of RE/MAX Real Estate Group LLC

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