835 N Union BL, Colorado Springs, CO

Multi-family for Sale - $620,000 - 2,918 Sq. Ft.


Agent Info

Kathi Philpot
CENTURY 21 Dream Home

Property Info

CIMLS#1158602
Location
  835 N Union BL
  Colorado Springs CO 80909
UpdatedJune 9th, 2025
TypeMulti-family
Price$620,000
Building2,918 Sq. Ft.

Property Description

This well-maintained Victorian home is a highly profitable investment opportunity, offering three separate rental units with private entries. Whether you're looking to maximize rental income or live in one unit while renting out the others, this centrally located property—situated across from the Olympic Training Center with Pikes Peak views —delivers strong cash flow potential in a sought-after area. Key investment highlights: Three fully functional units with private entrances for seamless multi-tenant occupancy, Ample parking—5 dedicated spaces in the rear, plus a corner lot for added convenience, Additional income potential with a full storage unit in the fenced backyard, Move-in ready with all appliances in excellent condition and recent upgrades throughout, All units have washer/dryer, stoves and refrigerators. Unit 1 (Basement Level) – 2-bed, 1-bath with a private side and backyard entrance. Features: updated flooring, a gas stove, and a cozy layout perfect for long-term or short-term renters. Unit 2 (Main Level) – 2-bed, 1-bath with a fireplace, spacious living area. Private front and back entrances, a well-appointed kitchen with a gas stove and pantry, separate laundry room and plenty of storage space make this a highly desirable unit. Unit 3 (Upper Level) – 2-bed, 1-bath with breathtaking Pikes Peak views from a private deck. Features LVP flooring, exposed brick, a spacious living area, built-ins, a stackable washer/dryer, and a bright kitchen. *New Pictures coming Soon!


Financials