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1007 E Boulder Street
Colorado Springs, CO 80903
Asking Price
$995K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 3 Units <ul><li>1009 E Boulder includes - 3 Bed / 1 Bath unit ~1,150 SQFT with an additional ADU which includes a 2 Bed / 1 Bath with a private entrance</li><li>1007 E Boulder includes - 1 Bed / 1 Bath cottage ~975 SQFT</li><li>Estimated rents: ~$1,700-$2,500/month per unit based on recent listings</li><li>Ability to operate as: Long-term rentals, Furnished/midterm housing (travel nurses, corporate housing), Househack opportunity for owner-occupant</li><li>Early 1900s architecture with modern updat
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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395
