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$ 1,290,000
Est. payment | /mo
5,581 SqFt
$ 1,290,000
Est. payment | /mo
5,581 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,581 sqft
Price per Sqft $231
MLS Listing ID 1616932
HOA Y/N No
Year Built 1902
Annual Tax Amount $3,510
Tax Year 2024
Lot Size 6,912 Sqft
Acres 0.16
Property Sub-Type Multi Family
Source recolorado
Property Description
33 W. Willamette Ave is a historic multifamily investment opportunity located in the highly sought-after
Downtown / Old North End neighborhood of Colorado Springs. Originally built in 1902, the property features
seven residential units totaling approximately 5,581 square feet on a compact urban infill site.
The asset benefits from a highly walkable location in close proximity to Colorado College, Monument Creek, and
a wide range of downtown dining, retail, and cultural amenities. This prime positioning supports consistent
demand from a diverse tenant base, including students, young professionals, and lifestyle-oriented renters.
With strong in-place occupancy, enduring architectural character, and adjacency to key economic and cultural
drivers, 33 W. Willamette Ave offers investors a stable cash-flow profile with meaningful long-term appreciation
potential in one of the city's most vibrant and evolving neighborhoods.
Downtown / Old North End neighborhood of Colorado Springs. Originally built in 1902, the property features
seven residential units totaling approximately 5,581 square feet on a compact urban infill site.
The asset benefits from a highly walkable location in close proximity to Colorado College, Monument Creek, and
a wide range of downtown dining, retail, and cultural amenities. This prime positioning supports consistent
demand from a diverse tenant base, including students, young professionals, and lifestyle-oriented renters.
With strong in-place occupancy, enduring architectural character, and adjacency to key economic and cultural
drivers, 33 W. Willamette Ave offers investors a stable cash-flow profile with meaningful long-term appreciation
potential in one of the city's most vibrant and evolving neighborhoods.
Location
State CO
County El Paso
Zoning R-5
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Connected
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Sewer Community Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield
Nearby Locations
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