10 Beds
3,573 SqFt
10 Beds
3,573 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,573 sqft
Price per Sqft $188
Subdivision Colorado Spring
MLS Listing ID 5981324
Bedrooms 10
HOA Y/N No
Abv Grd Liv Area 3,573
Year Built 1969
Annual Tax Amount $2,187
Tax Year 2025
Lot Size 9,333 Sqft
Acres 0.21
Property Sub-Type Quadruplex
Source recolorado
Property Description
An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility.
With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential.
Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake!
Contat agent for showings.
Location
State CO
County El Paso
Zoning R-5
Interior
Heating Electric
Cooling None
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Hunt
Middle Schools Galileo
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Nearby Locations
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