2107 Preuss, Colorado Springs, CO 80910
2107 Preuss, Colorado Springs, CO 80910
2107 Preuss, Colorado Springs, CO 80910
2107 Preuss, Colorado Springs, CO 80910
2107 Preuss, Colorado Springs, CO 80910
2107 Preuss, Colorado Springs, CO 80910
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$ 675,000
Est. payment | /mo

10 Beds

4 Baths

3,573 SqFt


Save
$ 675,000
Est. payment | /mo
Save

10 Beds

4 Baths

3,573 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,573 sqft

Subdivision Colorado Spring

MLS Listing ID IRE5981324

Bedrooms 10

HOA Y/N No

Year Built 1969

Annual Tax Amount $2,187

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Source ires

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

Community Colorado Spring

Area Out Of Area

Zoning R-5

Interior

Heating Electronic Air Filter

Exterior

Parking Features Off Street

Garage Spaces 4.0

Utilities Available Electricity Available, Cable Available

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

Elementary Schools Hunt

Middle Schools Galileo

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by David Gifford

Nearby Locations

Jeff Lewis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 443-2224

jeff@corepropertygroupre.com

3665 John F Kennedy Pkwy Suite 210, Fort Collins, CO 80525, USA

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2107 Preuss