5602-5614 Towson Vw, Colorado Springs, CO 80918

$1,250,000

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Courtesy of LIV Sotheby's International Realty CO Springs. 719-578-8800

List Price
$1,250,000
Type
Multifamily
Property Sub Type
Fourplex
Status
ACTIVE
MLS Number
9091193
Neighborhood
University Park
Year Built
2001

Property Description

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.

Additional Information

Lot Size Acres
0.1293
Lot Size Sq Ft
5,631
Tax Amount
$3,846
Water Source
Water District
Sewer
Sewer
Basement Type
Full
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
School District
Colorado Springs 11

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