Recent Price Reduction! 2625-2627 E Uintah St 8 Unit Apartment Building $1,671,330 CAD ($208,916 CAD/Unit) Colorado Springs, CO 80909

2625 & 2627 E. Uintah St, Colorado Springs, CO. Exceptional investment opportunity to acquire two 1985-built, fully occupied fourplexes in the heart of Central Colorado Springs, just minutes from the U.S. Olympic & Paralympic Training Center. These well-maintained properties features eight spacious two-bedroom, one-bath units, averaging approximately 850 square feet each, providing stable in-place cash flow with significant long-term upside. A standout feature of this asset is its condominium-style layout & designation, creating the opportunity for future individual unit sales, offering investors an alternative attractive value-add exit strategy.
Each large two-bedroom unit includes spacious bedrooms with plenty of closet space, full tile tub surrounds and in-building washers and dryers, enhancing tenant convenience and retention.
Tenants are responsible for Gas and Electric directly via their own meters and the water bill is paid by HOA then recollected from Tenants in arrears. Lease rate & expiration dates for 2625 Uintah as follows: A $1200 (11/30/2026), B $1250 (6/30/2027), C $1250 (7/31/2026), D $1200 (5/31/2026). 2627 Uintah as follows: A $1099(12/31/2027), B $1025(2/28/2027), C $1099(7/31/2027), D $1350(11/1/2027).
The property has been meticulously maintained, featuring clean common areas, a professionally managed HOA, and recent capital improvements, including PEX water lines, helping reduce future maintenance costs. Hassle free maintenance with HOA covering all landscaping, irrigation, snow removal, parking lot maintenance, and trash removal etc.
Situated in desirable Central Colorado Springs, the property is surrounded by retail, restaurants, and everyday conveniences, with easy access to major transportation corridors that support strong and consistent rental demand. A key differentiator is the property's condo-style configuration, offering future condo conversion potential and the opportunity to sell units individually. As Colorado Springs continues to experience strong population growth and housing demand, this investment provides immediate income with the potential for significant long-term appreciation.