$1,250,000
Phenomenal 4 Plex Income Opportunity In Desirable University Park!
- 11 Beds
- 12 Baths
- 7,072 Sqft
- 5,663 Sqft lot
- 1
- MLS#2210794
About the Property
Located in one of Colorado Springs’ most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-t
Located in one of Colorado Springs’ most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.
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Property type
Apartment
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Year built
2001
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Price/sqft
$176
Features
- Fireplace
- Garage
- Washer Dryer
- Air Conditioning
- Privacy
- Laundry Room
- Basement
Explore the Area
5602-5014 Towson View , Colorado Springs, CO 80918, United States
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LIV Sotheby's International Realty
102 N. Cascade Ave. Suite 110, 80903, Colorado Springs, Colorado, United States
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Consistently ranked as one of the top places to live in the country, Colorado Springs is located just over 60 miles
Consistently ranked as one of the top places to live in the country, Colorado Springs is located just over 60 miles south of Denver and is the second-largest city in Colorado. The community of Colorado Springs was settled in the 1860s to support the Pikes Peak Gold Rush and was incorporated into a town by Union General William Palmer in 1871. Sitting at an elevation of 6,035 feet, the city is located directly against the Rocky Mountains quickly ascending to the top of Pikes Peak at 14,115 feet. Open spaces, parks, a variety of trails, rock formations, and unique geological features attract residents and tourists to a vibrant, outdoor-focused lifestyle. Pikes Peak, Garden of the Gods Park, The Manitou Incline, and Cave of the Winds Mountain Park are principal outdoor attractions but dozens of everyday public spaces are also available for exploration. Beyond the beautiful views surrounding the city, it is also home to a variety of cultural, educational, and historical attractions including the United States Olympic and Paralympic Museum, the Cheyenne Mountain Zoo, the Colorado Springs Fine Arts Center at Colorado College, the ENT Center for the Arts, and the Colorado Springs Pioneers Museum.
Residences range from Victorian-era homes and bungalows downtown and in Old Colorado City to suburban planned communities to gated resort neighborhoods on the city’s north, west, and south sides. Secluded but accessible mountain homes and expansive acreage are found as well within 45 minutes of downtown. Home to five military bases including the United States Air Force Academy and NORTHCOM, Colorado Springs also has a wealth of employment options, ranging from defense and aerospace to tourism and hospitality to medical technology.
The LIV Sotheby’s International Realty office serves as a hub, connecting buyers and sellers in the Colorado Springs area and beyond. Contact one of our broker professionals today to learn more about real estate opportunities in Colorado Springs.
Residences range from Victorian-era homes and bungalows downtown and in Old Colorado City to suburban planned communities to gated resort neighborhoods on the city’s north, west, and south sides. Secluded but accessible mountain homes and expansive acreage are found as well within 45 minutes of downtown. Home to five military bases including the United States Air Force Academy and NORTHCOM, Colorado Springs also has a wealth of employment options, ranging from defense and aerospace to tourism and hospitality to medical technology.
The LIV Sotheby’s International Realty office serves as a hub, connecting buyers and sellers in the Colorado Springs area and beyond. Contact one of our broker professionals today to learn more about real estate opportunities in Colorado Springs.
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