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Off market
  • $682,000

    1805 Myakka Way, Colorado Springs, CO 80915

    --beds
    --baths
    3,840sqft
    MultiFamily
    Built in 1980
    -- sqft lot
    $682,000 Zestimate®
    $178/sqft
    $1,683 Estimated rent

    Owner options

    List your home for rent

    $1,683/mo

    Rent Zestimate®

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    $1,683/mo

    Rent Zestimate®

    Refinance and save

    $3,743/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $3,743/mo

    Est. payment

    What's special

    Great investment opportunity with potential CAP rate of 9.5%+ . Huge room for rent increases. 2 units leases ending in August and September which makes a great opportunity to raise rents. The other two end in January and February 2018. All units have been updated and unit 1811 has been updated with higher end finishes. The entire building has been re-painted, new roof and windows due to hail storm. Newer fences around backyard are new also. Great location, incredible rental history. These units do not sit vacant long! Landscape is very easy to maintain. Reserved parking space and washer and dryer hook-ups in each unit!!! Utilities paid by each tenant. (One meter, split between each unit.)

    Facts & features

    Interior

    Heating
    • Forced air
    Interior area
    • Total interior livable area: 3,840 sqft

    Property

    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 5406419049

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1980

    Community & neighborhood

    Location
    • Region: Colorado Springs
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    Estimated market value
    $682,000