2620 King St, Colorado Springs, CO 80904

Introducing a rare investment opportunity! This is a 6 plex in good condition in highly desirable Westside. Rents are well below market for long-term tenants-this is a great opportunity for better GRI. All tenants are on month-to-month. Low care exterior, plenty of off-street parking for tenants. There is extra lockable storage for tenants in the laundry area. The laundry is leased by Jetz Laundry Service, and has 2 washers and 2 dryers (not included in sale). 3 two bedroom apartments, and 3 one bedroom units. Unit 1 is vacant. Separately metered for electric, but the tenants reimburse seller monthly in arrears for all other utilities including trash. (prorated) The other garage is vacant. All tenants are current on rent. Check average leased price for 1 bedroom and 2 bedroom units to see what the GRI and rents could be! New boiler.