33 W WILLAMETTE AVE

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33 W WILLAMETTE AVE

COLORADO SPRINGS, CO 80903-3381
Asking Price
$1.29M
Asset Type
Multifamily
Class
Class B

What's Special

Historic Downtown Multifamily Investment with Strong Cash Flow & Walkability <p>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 5,581 square feet on a compact urban infill site. </p><p></p><p>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 p

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NOI
$80,000
Cap Rate
6.20%
DSCR
1.04
Tight
Cash-on-Cash
0.88%
Monthly Payment
$6,382.216
Annual Cash Flow
$3,413.406

Location & Travel Times