1007 N Weber St - Apartments FOR SALE


Colorado Springs, CO 80903- Patty Jewett
$545,000 USD
719-266-6003
1007 N Weber St, Colorado Springs, CO for Sale
$545,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

1007 N Weber St
Colorado Springs, CO 80903
Patty Jewett


HIGHLIGHTS

  • Xeriscaped landscaping in front

OVERVIEW

Charming and Updated Triplex – Strong Investment Opportunity This unique triplex features three well-maintained units, each located on its own level: Unit 1 (Main Level): 2 bedrooms, 1 bathroom, a spacious living room, and a kitchen/dining area. Unit 2 (Upper Level): 1 bedroom, 1 bathroom, living room, and a kitchen/dining area. Unit 3 (Basement): 1 bedroom, 1 bathroom, living room, and kitchen area. The property offers a shared coin-operated washer and dryer for tenant convenience. A detached 1-car garage provides additional income potential, while Unit 1 benefits from off-street parking directly in front of the garage. Recent Improvements: Fresh exterior paint (2024) Replacement of sewer and water lines (2021) Rebuilt staircase for Unit 2’s entrance (2021) New sump pump in the basement (2024) New hot water heater (2024) Unit 3 updated with new interior paint and carpet (2025) This property combines consistent rental income potential with recent upgrades that enhance value and reduce future maintenance needs. With a bit of updating, rents can definitely be raised. Owner is also selling the property next door which is an 8-plex. 1001 N Weber St

FOR SALE DETAILS

PRICE

$545,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

3

PRICE/UNIT

$181,667

CAP RATE

Request Cap Rate

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,095 SF

ZONING

MX-T

APN/PARCEL ID

64071-18-017

ASK ABOUT THIS PROPERTY

Melanie WesemanCitadel RealtyMore Info
719-266-6003

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Melanie WesemanCitadel RealtyMore Info
719-266-6003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.