930 N El Paso Street
Colorado Springs, CO 80903

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.

Property Features