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Chris Naggar

chris.naggar@engelvoelkers.com +1(817) 262-3649

$ 850,000

Est. payment -/mo

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2480 Allegheny DR Colorado Springs, CO 80919

8 Beds

8 Baths

4,088 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $207

Subdivision Mountain Shadows

MLS Listing ID 4684997

Style Traditional

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 4,088

Year Built 1985

Annual Tax Amount $2,604

Tax Year 2024

Lot Size 10,394 Sqft

Acres 0.24

Property Sub-Type Quadruplex

Source recolorado

Property Description

*** Townhome Style Quadplex Perfect for Owner Occupants and Investors Alike*** Cushman & Wakefield is pleased to present 2480 Allegheny Drive, a 4-unit multifamily property in Northwest Colorado Springs. The property features four 1,000 sq ft. two-story townhome style units with two bedrooms and one and a half bathrooms. Each of the four units have in-unit washer/dryers, individually metered electric (no gas at the property), front and rear entrances, and extra storage units on the back patios. The property has off-street parking, updated windows, new paint/siding, and a new roof installed in February 2025. This property has just turned two of the units and was immediately able to get tenants in place. With two of the units still unoccupied it provides immediate control of rental rates or take advantage of an owner occupied loan. This West side location provides residents access to major tech employers along west Garden of the Gods Road as well as short drives to Garden of the Gods and downtown Colorado Springs. The Wilson Ranch Community Park featuring an outdoor swimming pool/slide, playground, tennis courts, basketball court, pavilion and open grass fields, sits just across the street. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city.

Location

State CO

County El Paso

Zoning R5/CR HS

Rooms

Basement Crawl Space

Interior

Heating Electric, Radiant

Cooling None

Fireplace N

Laundry In Unit

Exterior

Parking Features Asphalt

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Wood Siding

Schools

Elementary Schools Trailblazer

Middle Schools Holmes

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Cushman & Wakefield

Chris Naggar

Advisor | License ID: 155063753

+1(817) 262-3649

Chris Naggar

2480 Allegheny DR Colorado Springs, CO 80919

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2480 Allegheny DR