903 Boggs Pl, Colorado Springs is a 4-unit apartment building, including two large two bedroom, one-bathroom and two large three-bedroom, one-bathroom residences. Built in 1969 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last 6 months with new windows, a refreshed painted exterior, four new force air furnaces and a perimeter fence. This property also come equipped with a wireless security camera system. Each unit offer additional storage units for personalized comfort. With its prime location 903 Boggs Pl presents a turnkey investment opportunity with immediate cashflow. Four of the units are fully leased through 2024. This property offers a 8.05% cap rate and 8.32% cash on cash return!
For investors looking for more scale this ownership group is also offering 2115 Preuss Rd, 2123 Pruess Rd, 2135 Pruess Rd, 3445 Cochran Dr and 1518 & 1512 S Corona Ave, Colorado Springs.
Sold for $740,350 on 12/16/24
$740,350
903 Boggs, Colorado Springs, CO 80910
10beds
4baths
3,573sqft
Quadruplex
Built in 1969
-- sqft lot
$730,700 Zestimate®
$207/sqft
$1,619 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 16, 2024 at 02:43pm
Listed by:
Will McCauley 781-733-3732 wmccauley@uniqueprop.com,
Unique Properties LLC,
Elliott Polanchyck 214-616-2695,
Unique Properties LLC
Bought with:
Will McCauley, 100087986
Unique Properties LLC
Source: REcolorado,MLS#: 8191667
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Flooring: Vinyl
- Basement: Daylight,Finished
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,573
- Total interior livable area: 3,573 sqft
- Finished area above ground: 1,787
- Finished area below ground: 1,786
Property
Parking
- Total spaces: 8
- Parking features: Asphalt
- Details: Off Street Spaces: 8
Features
- Levels: Two
- Stories: 2
- Fencing: Partial
Lot
- Size: 10,500 sqft
Details
- Parcel number: R02777
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Updated/Remodeled
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Internet Access (Wired)
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Prospect Park
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Ownership: Individual
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$730,700