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$1,250,000

Est. payment - /mo

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11 Beds

12 Baths

7,072 SqFt

Active

5602-5014 Towson VW Colorado Springs, CO 80918

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Amy Kriegbaum

amykriegbaum@gmail.com +1(303) 257-3489

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,072 sqft

Price per Sqft $176

Subdivision University Park

MLS Listing ID 2210794

Bedrooms 11

Condo Fees $4,200

HOA Fees $4,200/ann

HOA Y/N Yes

Abv Grd Liv Area 1,768

Year Built 2001

Annual Tax Amount $3,846

Tax Year 2024

Lot Size 5,631 Sqft

Acres 0.13

Property Sub-Type Quadruplex

Source recolorado

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.

Location

State CO

County El Paso

Zoning PDZ

Rooms

Basement Unfinished

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Natural Gas

Cooling Central Air, Other

Flooring Carpet, Vinyl

Fireplaces Number 4

Fireplaces Type Gas, Living Room

Fireplace Y

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Laundry Laundry Closet

Exterior

Garage Spaces 4.0

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot, Irrigated, Landscaped, Level, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Stucco

Schools

Elementary Schools Martinez

Middle Schools Jenkins

High Schools Doherty

School District Colorado Springs 11

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://soco.aryeo.com/videos/019e3c46-f955-71c4-8ae5-7bef323bae85

Listed by LIV Sotheby's International Realty

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Amy Kriegbaum

Broker | License ID: 100004379

+1(303) 257-3489

5602-5014 Towson VW Colorado Springs, CO 80918

Amy Kriegbaum

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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5602-5014 Towson VW