322 Saint Vrain, Colorado Springs, CO

$425,000

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2,572

Square feet

About 322 Saint Vrain

Cushman and Wakefield is pleased to offer a rare opportunity to acquire a 3-unit multifamily property located at 322 E St Vrain Street in the heart of Downtown Colorado Springs. This well-located asset provides a blend of immediate income potential and long-term appreciation, making it a standout opportunity in a rapidly growing market. The property consists of three well-maintained units, offering a desirable mix of rental options. It is ideally situated for tenants who wish to live in close proximity to the dynamic energy of Downtown Colorado Springs. With rents below market rates, there is immediate potential to increase income by adjusting rents to reflect current market conditions. Situated in the heart of Downtown Colorado Springs, this property is just steps away from an abundance of dining, coffee shops, boutique retailers, and entertainment venues. The area is known for its lively atmosphere, rich cultural offerings, and unique shopping experiences, making it a highly desirable destination for residents. 322 E St Vrain Street represents a solid investment with the potential for both immediate cash flow and significant value appreciation. With under-market rents and long-term ownership, this property offers an ideal opportunity to increase rental income, creating substantial upside for a new owner. Its location in one of the most desirable and walkable neighborhoods in Colorado Springs, combined with the potential for rent growth, makes this asset a prime addition to any investor’s portfolio.

Features of 322 Saint Vrain

MLS® # 6314533
Price $425,000
Sold Price $410,000
Sold Date 2025-05-08
Bathrooms 0.00
Square Footage 2,572
Acres 0.00
Year Built 1892
Type Residential Income
Sub-Type Triplex
Status Closed

Community Information

Address 322 Saint Vrain
Subdivision Colo Spgs
City Colorado Springs
County El Paso
State CO
Zip Code 80903

Amenities

Parking Spaces 4
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling None
Fireplace No
Stories Two

Exterior

Roof Shingle

School Information

District Colorado Springs 11
Elementary Taylor
Middle North
High Palmer

Additional Information

Date Listed February 24th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCushman & Wakefield
Contact

Listing Map

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