• 719 N. Nevada Ave, Colorado Springs, CO 80903

  • MLS® #: 6479274

  • $1,200,000

  • 7 Beds | 5 Bath | 4,550 Sq. Ft. | 0.22 Acres
  • Office : Skyline Properties, Inc
  • Listing Agent : Jessica Harper
  • Status : Active

BEAUTIFUL 5 PLEX WITH 5 UNITS ALL OCCUPIED. What an amazing charming 1889 Victorian 5 plex. The woodwork throughout the home is stunning, original and historical. There are three beautiful vintage fireplaces. This property is eligible for the National historic register. The secured front entrance leads to a common lobby for all tenants. There is a common fenced in back yard area for tenant to use. There are 10-12 spaces available for parking in the back of the property with alley access. Three of those space can be rented out to the renters next door if needed. It is commercial zoning that allows for many uses. All of the units have been leased for several years to professionals. There hasn't been any advertising needed. There have been many improvements since 2016 on this property. There will be a list of items provided to the potential buyer as there are too many to list. The property is near Colorado College's new Hockey Stadium. RENTS ARE BELOW MEDIAN, 3 OF THE 5 UNITS WILL BE RAISED IN SEPTEMBER. This is a 5 plex zoned commercial: Unit 1 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 2 = 2 beds, 1 bath, kitchen, living area 800 sq.ft. Unit 3 = 1 bed, 1 bath, kitchen, living area 575 sq.ft. Unit 4 = 1 bed, 1 bath, kitchen, living area 475 sq.ft. Unit 5 = a loft, 1 bed, 1 bath, living area, kitchen 550 sq.ft. The basement has potential to be used as a laundry area, office space or storage area for more rent income. For more income details and information on this property, go to MLS#9849659 or contact the listing agent. Photos show exterior, interior common areas, a few previous photos on one unit, and basement only - schedule a showing to see interiors of the 5 individual units as they are all private to protect the tenants.

Essential Information

  • StatusActive
  • Days On Market148 Days
  • Price$1,200,000
  • Price Per Sq. Ft.$264
  • Bedrooms7
  • Total Bathrooms5
  • Square Footage4,550
  • Finished Square Footage3,200
  • Acres0.22
  • Year Built1889
  • Floor Plan3 Story

Community Information

Interior

  • Features See Prop Desc Remarks
  • Master Bedroom On Main N
  • Main Floor Sq. Ft. 1,350
  • Basement Sq. Ft. 1,350
  • Upper Sq. Ft. 1,850
  • Fireplace Three, Wood, See Prop Desc Remarks
  • Floors Wood
  • Appliances Dishwasher, Range Oven, Refrigerator

Exterior

  • Exterior Wood
  • Roof Composite Shingle
  • Construction Existing Home
  • Foundation Full Basement
  • Patio Desc None
  • Garage Yes
  • Garage Type None

Heating & Cooling

  • Air Conditioner No
  • Heating Type Baseboard,Forced Air,Natural Gas,See Prop Desc Remarks

Lot Information

  • Lot Size 9,500
  • Lot Desc Level, Trees/Woods, See Prop Desc Remarks
  • Fence Rear
  • Landscaped All

School Information

Additional Information

  • MLS® #6479274
  • Date Listed On Site05-29-21
  • NoticesNot Applicable
  • Taxes2,059
  • Earnest Money12,000

Price Change History for 719 Nevada Ave, Colorado Springs, CO (MLS® #6479274)

Date Details Price Change
Price Reduced (from $1,250,000) $1,249,950 $50 (0%)
Price Reduced (from $1,249,950) $1,245,000 $4,950 (0.4%)
Price Reduced (from $1,245,000) $1,200,000 $45,000 (3.61%)

Map of 719 N. Nevada Avenue, Colorado Springs, CO 80903

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719 N. Nevada Avenue, Colorado Springs, CO 80903 is located in El Paso County, in Colorado Springs Addition. It has 7 bedrooms, 5 bathrooms, and is 4,550 square feet. 719 N. Nevada Avenue, Colorado Springs, CO 80903 is zoned to Colorado Springs-11 School Disctrict.

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