1015-1017 Bennett Ave presents the opportunity to acquire a recently renovated multifamily property featuring large-format two-bedroom, two-bath residences in a well-positioned Colorado Springs location. The asset has been thoughtfully upgraded with two units featuring stainless steel appliances, luxury vinyl plank flooring, new countertops, tile & fiberglass tub surrounds, updated doors,… Read More custom fireplace surrounds, and in-unit washer and dryers creating limited near-term capital requirements. Built in 1985, the property offers units with an expansive ~800 SF, 2BD/2BA master en-suite layout, a highly desirable floor plan in the Colorado Springs rental market where renters increasingly prioritize space, privacy, and functionality. Combined with assigned off-street parking, these features align well with the preferences of the area’s professional, military, and long-term renter base. The property’s infill location near grocery, retail, and dining amenities, along with close proximity to the U.S. Olympic & Paralympic Training Center and a short drive to Downtown Colorado Springs, positions it to directly benefit from the city’s diverse employment drivers. As Colorado Springs continues to experience steady population growth and inmigration, demand for renovated, mid-sized multifamily assets in established neighborhoods remains strong, particularly where new supply is limited. 1015-1017 Bennett Ave modern interiors, efficient unit mix, and proximity to employment and lifestyle centers make it well-positioned to capture this demand while offering stable cash flow and long-term value preservation. Read Less
Above Grade Finished Area: 3200, Construction Materials: "Wood Siding", Levels: "Two", Living Area: 3200, Structure Type: "Quadruplex", Total Area: 3200, Unit Count: 1, Unit Types: "Array", Built in 1985
Cooling
Cooling: "None"
Disclosures
Exclusions: Tenant Possessions
Heating
Heating: "Electric"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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