2107 Preuss RD, Colorado Springs, CO 80910
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2107 Preuss RD, Colorado Springs, CO 80910
2107 Preuss RD, Colorado Springs, CO 80910
2107 Preuss RD, Colorado Springs, CO 80910
2107 Preuss RD, Colorado Springs, CO 80910
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Sarah Charles

Sarah Charles

+1(720) 289-8948
$ 675,000
Est. payment /mo
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2107 Preuss RD Colorado Springs, CO 80910

10 Beds

4 Baths

3,573 SqFt

UPDATED:

Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,573 sqft

Price per Sqft $188

Subdivision Colorado Spring

MLS Listing ID 5981324

Bedrooms 10

HOA Y/N No

Year Built 1969

Lot Size 9,333 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Property Description

2107 Preuss Road is a turnkey four-unit investment opportunity in Colorado Springs offering immediate income, a strong in-place cap rate, and meaningful upside. The 3,573-square-foot quadplex includes two 2-bedroom and two 3-bedroom units, with updated interiors, LVT flooring, newer carpet and appliances, and many more upgrades. Fully rented with optional management in place and a 6.7% cap rate - this property is as turnkey as they come!

An ideal acquisition for the investor seeking dependable current cash flow with a clear value-add strategy, 2107 Preuss presents the opportunity to substantially increase revenue by converting units to fully furnished short-term (Airbnb or VRBO) or medium-term rentals (contact agent for compatibles - buyer to verify eligibility). Its larger two- and three-bedroom layouts are well suited to traveling professionals, military and government personnel, corporate relocations, medical travelers, and families in transition—tenant segments that often value furnished, utility-inclusive homes and flexible stays. Short-term and Medium-term furnished rentals commonly command a premium over conventional leases in exchange for convenience and flexibility.

With completed capital improvements, four spacious units, and a flexible path to higher-income furnished operations, this asset offers a compelling blend of current yield, operational stability, and future rental-growth potential.

Offer price: $675,000—an exceptional value compared with a neighboring four-unit building that recently sold for $717,000, providing investors immediate basis advantage and compelling upside potential. Close to Memorial Park and Prospect Lake!

Contat agent for showings.

Location

State CO

County El Paso

Zoning R-5

Interior

Heating Electric

Cooling None

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Story Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11

Others

Senior Community No

Tax ID 64212-26-009

Special Listing Condition None Known

REColorado MLS
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byGood Neighbor LLC

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Sarah Charles

Sarah Charles

License ID: 155068371

+1(720) 289-8948

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2107 Preuss RD