For Sale Triplex MLS# 1531691

930 N EL PASO Street

Colorado Springs, CO 80903

$899,000

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About 930 N EL PASO Street

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 details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1906
Living area
0 sqft
Lot
0.1151
Original price
$899,000
MLS #
1531691

Interior

Features
Full Basement, Main Level, One
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Heating
Electric, See Prop Desc Remarks, Wall Furnace
Cooling
Ceiling Fan(s), See Prop Desc Remarks, Wall Unit(s)
Laundry
Electric Hook-up
Windows
Vinyl

Exterior & lot

Roof
Composite Shingle
Fence
All

Schools

District
Colorado Springs School District 11

Utilities

Utilities
Sewer, Municipal, Electricity Connected, Natural Gas Connected
Water
Municipal
Sewer
Sewer

Financial

Financial
Pikes Peak REALTOR® Services
Annual tax
$2,512
Tax year
2025
Parcel
6407120025

Location

County
El Paso
Neighborhood
Middle Shooks Run
Community
Colorado Springs 11

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Listed by Brishen Combs ABR GRI MRP SFR SRS , RE/MAX Real Estate Group LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.