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Maria Scott

mariascott@epique.me +1(303) 356-3581

$ 790,000

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Price Dropped by $45K

2115 Preuss Rd Colorado Springs, CO 80910

10 Beds

4 Baths

3,573 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,573 sqft

Subdivision Prospect Park

MLS Listing ID 9943254

Bedrooms 10

HOA Y/N false

Abv Grd Liv Area 3,573

Originating Board REcolorado

Year Built 1969

Annual Tax Amount $1,567

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Income Property

Property Description

2115 Preuss Rd, 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, including new windows, a refreshed painted exterior, and a perimeter fence. Additional enhancements in 2025 include an electric panel replacement, a newly paved driveway, sidewalk, and patio area, as well as xeriscaping for improved curb appeal and low-maintenance landscaping. This property also comes equipped with a wireless security camera system. Each unit offers additional storage units for personalized comfort. With its prime location, 2115 Preuss Rd presents a turnkey investment opportunity with immediate cash flow. This property offers a 8.17% cap rate and 11.08% cash-on-cash return!

Location

State CO

County El Paso

Area Out Of Area

Zoning R5

Interior

Heating Baseboard

Laundry Common Area

Exterior

Garage Spaces 8.0

Roof Type Fiberglass

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

Elementary Schools Hunt

Middle Schools Academy For Advanced And Creative Learning

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Will McCauley • Unique Properties LLC • wmccauley@uniqueprop.com,781-733-3732

Maria Scott

Broker Associate | License ID: 100092411

+1(303) 356-3581

Maria Scott

2115 Preuss Rd Colorado Springs, CO 80910

Key Details

Location

Interior

Exterior

Building

Schools

Others

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2115 Preuss Rd