127 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.
Sold for $622,000 on 01/13/25
$622,000
127 University Drive, Colorado Springs, CO 80910
8beds
4baths
3,381sqft
Quadruplex
Built in 1969
-- sqft lot
$603,200 Zestimate®
$184/sqft
$1,681 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 08:15am
Listed by:
Zachary Hansen 303-880-7442 zach@northpeakcre.com,
NorthPeak Commercial Advisors, LLC
Bought with:
Fernando Dias, 100101928
eXp Realty, LLC
Source: REcolorado,MLS#: 2215654
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Has cooling: Yes
Features
- Has basement: No
Interior area
- Total structure area: 3,381
- Total interior livable area: 3,381 sqft
- Finished area above ground: 3,381
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 6415401019
- Zoning: R5 AO
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Roof: Unknown
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Individual
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Estimated market value
$603,200