930 N EL PASO Street Colorado Springs, CO 80903 -- MLS# 1531691
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Property Description
Seller Concessions of $20, 000.00 offered to be used towards Closing Costs and / or Permanent or Temporary Rate Buydowns. Fully Rented, Turn-Key Cash-Flow Triplex in Colorado Springs – Prime Investment Property!
Attention investors: Secure a fully occupied, high-yield asset with zero deferred maintenance. This legally zoned triplex in Colorado Springs has undergone a massive capital improvement overhaul, offering immediate cash flow and maximized NOI. Perfect for portfolio expansion or a hands-off landlord looking for a premium income property. Each fully renovated unit features two bedrooms and one bathroom, laundry room with their own clothes washer and dryer.
Major CapEx Upgrades: NEW roof (2026), new water heater, new radon mitigation system, and updated HVAC systems. Each unit now features its own independent, high-efficiency mini-split system for heating and A / C.
Upper Unit: Fully remodeled with an updated luxury kitchen with quartz countertops, modern luxury bathroom, luxury vinyl plank (LVP) flooring, and fresh paint. Features high-demand in-unit washer / dryer and dishwasher hookups, keyless entry, and rebuilt indoor / outdoor stairs. Fresh paint, flooring and lighting. Main Unit: Features independent mini-splits, a refreshed kitchen with an upgraded gas oven, new lighting, and a refinished front porch with integrated tenant storage. Lower Unit: Maximized for tenant retention with a double-insulated ceiling for superior sound dampening, updated kitchen and bathroom, new dishwasher, and a clean, modern layout.
New exterior blue and white paint, low-maintenance landscaping with a new cobblestone patio, fully fenced and freshly painted fence, ambient security lighting, and proper water diversion with a buried drain line. This turnkey tri-plex multi-family property represents the ideal Colorado Springs real estate investment—strong rental history, and premium renovations that command top-market rent. Don't miss this recession-resistant multifamily home.

















































