903 Boggs Pending Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80910
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,573 sqft
Price per Sqft $212
Subdivision Prospect Park
MLS Listing ID 8191667
Bedrooms 14
Year Built 1969
Annual Tax Amount $1,574
Tax Year 2024
Lot Size 10,454 Sqft
Property Description
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.
Location
State CO
County El Paso
Interior
Heating Baseboard
Cooling None
Flooring Vinyl
Laundry Common Area
Exterior
Garage Asphalt
Fence Partial
Utilities Available Internet Access (Wired)
Roof Type Architecural Shingle
Building
Story Two
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Hunt
Middle Schools Academy For Advanced And Creative Learning
High Schools Palmer
School District Colorado Springs 11
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None