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1224 N Weber ST Colorado Springs, CO 80903
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1662804
HOA Y/N No
Year Built 1895
Property Sub-Type Multi Family
Property Description
1224 North Weber Street is a seven-unit multifamily investment opportunity located in the highly desirable downtown corridor of Colorado Springs. The property consists of a two-story, low-rise apartment building situated blocks from Colorado College, with premier walkability, and both surface and rare garage parking for tenants. Originally constructed in 1895 as a historic residential home, the asset offers classic architectural character and vintage charm that is difficult to replicate in today's market. This Downtown Victorian asset presents investors with the opportunity to capitalize on continued rental demand within one of Colorado Springs' most established neighborhoods.
Positioned just north of Downtown Colorado Springs, the property benefits from close proximity to major employment, retail, dining, and entertainment destinations throughout the urban core. Residents enjoy convenient access to downtown restaurants, coffee shops, nightlife, and cultural attractions, along with nearby recreational amenities including Monument Valley Park, Shooks Run Trail, and Patty Jewett Golf Course. The location also provides quick connectivity to Interstate 25, Colorado College, the Olympic & Paralympic Training Center, and several military installations that support the region's strong renter base.
Investment Highlights:
-Immediate Rental Premiums: The property features flexible month-to-month leases with the opportunity to capture immediate rental premiums of $150-$250+ as leases turn.
-Well maintained legacy asset with long-term attentive owners
-Rare opportunity to acquire a Downtown asset with off street parking and 4 garages
Positioned just north of Downtown Colorado Springs, the property benefits from close proximity to major employment, retail, dining, and entertainment destinations throughout the urban core. Residents enjoy convenient access to downtown restaurants, coffee shops, nightlife, and cultural attractions, along with nearby recreational amenities including Monument Valley Park, Shooks Run Trail, and Patty Jewett Golf Course. The location also provides quick connectivity to Interstate 25, Colorado College, the Olympic & Paralympic Training Center, and several military installations that support the region's strong renter base.
Investment Highlights:
-Immediate Rental Premiums: The property features flexible month-to-month leases with the opportunity to capture immediate rental premiums of $150-$250+ as leases turn.
-Well maintained legacy asset with long-term attentive owners
-Rare opportunity to acquire a Downtown asset with off street parking and 4 garages
Location
State CO
County El Paso
Zoning R-4
Exterior
Carport Spaces 4
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Sewer Community
Water Public
Others
Tax ID 64071-08-007
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byCushman & Wakefield
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