3 months on rocket

2601-2605 W Pikes Peak Ave, Colorado Springs, CO, 80904

$1,850,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
4,622 SqFt
$400/SqFt
Multi

Location

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2601-2605 W Pikes Peak Ave, Colorado Springs$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Attached Garage4 spaces
Year Built2004
HeatingForced Air
CoolingCentral Air
BasementYes
ViewCity, Mountain(s), Valley
MLS #5734990
StatusActive

About 2601-2605 W Pikes Peak Ave

Cushman and Wakefield is pleased to present 2601-2605 W Pikes Peak Ave. The 2004 constructed attached duplexes offer a unique unit mix of two Spanish Villa style 1800 sq. ft. 3 bed/2.5 bath units with attached 400 sq. ft. garages and two 600 sq. ft. Studio flats, with walk outs to the Historic main strip of Old Colorado City. The main floor units have walk out patios overlooking Colorado Blvd and boast breathtaking views of Pikes Peak. Currently three of the units are on long term leases and one 3 bed/2.5 bath unit is being used as a short-term rental, offering investors the opportunity to run the property as they see fit. Premium finishes, stainless-steel appliances, washer/dryers, fireplaces and private patios/decks, make this turnkey investment an opportunity for a wide range of potential buyers. The property is located right along the highly sought after main strip of Old Colorado City on the west side of Colorado Springs. The property has excellent walk-ability to nearby outdoor recreation, dining & retail centers, giving a strong foundation for attracting and retaining quality long-term tenants and consistent flow of short-term renters alike. Colorado Springs and other major attractions such as Garden of the Gods, Manitou Springs, and Weidner Field are all a short distance from this location. Whether a potential buyer is looking for a short term rental, long term investment, or owner occupancy, this opportunity provides a well maintained and located property to make your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 2004
  • Living Area: 4,622 SqFt

Listing Office:

  • Office Name: Cushman & Wakefield
  • Office Phone: (719) 238-9074
  • Listing Agent: Nic Polaski

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: City, Mountain(s), Valley
  • Exterior: Balcony

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $400/SqFt
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Housing Market Comparison

See how this home compares to others in Colorado Springs, CO.

Med. Sold Price

$455K

Med. Price/SqFt

$232

Avg. Days On Market

40

# of Sold Homes

217

2601-2605 W Pikes Peak Ave vs Colorado Springs

114 DAYS ON ROCKET

+74 Days

$1,850,000

+$1.3M More

$400/SqFt

+$168 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $168/SqFt more than other homes in Colorado Springs, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #5734990

Listing Office:

  • Office Name: Cushman & Wakefield
  • Office Phone: (719) 238-9074
  • Listing Agent: Nic Polaski

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:12:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$9,301

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-600350
5
/10
  • Bristol Elementary School

  • 890 N Walnut St

  • 0.86 miles

  • Public District Grades PK-5

school-card-donut-600351
3
/10
  • Columbia Elementary School

  • 835 E Saint Vrain St

  • 1.39 miles

  • Public District Grades PK-5

school-card-donut-600352
3
/10
  • Midland Elementary School

  • 2110 Broadway Ave

  • 1.63 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,090. The most common annual income of people living in Colorado Springs, CO is less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoEl Paso CountyColorado Springs809042601-2605 W Pikes Peak Ave

This home is located at 2601-2605 W Pikes Peak Ave in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. This 4,622 square foot home was built in 2004. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $1,850,000.

In October 2024, from all listings sold in Colorado Springs, CO there were more than 52 sold above asking price, over 99 sold below and more than 66 were sold right at the asked price. The inventory of homes for sale in Colorado Springs, CO between September 2024 and October 2024 increased by 26.2%. Listings spent 40 days on the market in October 2024, and had a median list price of $455,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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