5535 Tomah Drive, Colorado Springs, CO 80918

$799,000
  • 5535 Tomah Drive, Colorado Springs, CO 80918 Main Photo

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New to the Market Active
BEDS0 BATHS0.0 MLS#2650251
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONVista Grande Terrace

Property Description

EXCELLENT INVESTMENT OPPORTUNITY in established income-producing Fourplex, more than 25 years of reliable rental history, in highly desirable 80918 location! Each of the four units (~850 sq ft/ea) offers 2 bedrooms, 1 full bath, in-unit full size laundry hookups, and its own private 1-car ATTACHED GARAGE â?? providing four individual garage spaces directly serving the residential units. Each unit provides a practical two-story layout with defined living and dining space, full kitchen, two upper-level bedrooms, and a full bath. No HOA means no recurring association dues and greater operational flexibility for the next owner.BONUS: A separate 3-car detached garage at the rear of the property brings the total garage count to SEVEN, creating additional flexibility for storage, owner use, or potential supplemental income.NEW ROOF TO BE INSTALLED PRIOR TO CLOSING, addressing a significant capital expense from day one. Enjoy beautiful mountain views out the front of each unit, this investment property is ideally situated in central Colorado Springs with convenient access to Academy Blvd, Austin Bluffs Pkwy, UCCS, shopping, dining, employment centers, and major commuter routes. The location supports broad tenant appeal and long-term rental demand, with everyday amenities and services just minutes away. Whether youâ??re expanding your portfolio or seeking a solid income-producing property in a prime area, this property offers a strong foundation for continued long-term income production and portfolio growth.

5535 Tomah Drive | MLS# 2650251

This multi-family property located at 5535 Tomah Drive, Colorado Springs, CO 80918 is currently listed for sale with an asking price of $799,000. Search Colorado Springs real estate on www.corealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fireplaces: None
Heating: Forced Air
Lot Size: 0.37 Acres
Roof Type: Composite Shingle
Taxes: $2,720
Year Built: 1973

Feature Descriptions

Appliances: Dishwasher, Oven, Range, Refrigerator
Days on Site: 6
Existing Utilities: Cable Available, Electricity Connected
Exterior: Alum/Vinyl/Steel, Stucco, Wood
Handicap Access: Stairs to front entrance
Laundry Facilities: Electric Hook-up
Sewer: Sewer
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: House Hunters, LLC
Agency Phone: 719-752-2175

Shown By

Agent Name: Chris Cooper
Agent Phone: (719) 460-2925
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 4,395.29 per month $3,935.66 Principal & Interest $226.58 Property Tax $233.04 Homeowner's Insurance

Change Payment Information

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Milestone Mortgage
Phone: (719) 505-5561
Email: Laura@LoansWithMilestone.com

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