1115 Old Dutch Mill Road

Colorado Springs, CO 80907

$780,000
Price
10
Beds
4
Baths
3,526 Sq. Ft.
$221 / Sq. Ft.
3,526
Sq. Ft.
$221
per Sq. Ft.

Description

Cushman & Wakefield is pleased to present 1115 Old Dutch Mill Rd, a 4-unit multifamily property in an investor friendly, West side neighborhood in Colorado Springs. The property consists of two 2 bed/1 bath units and two 3 bed/1 bath units. Each unit offers spacious living and kitchen areas, two of the units feature balconies in the back of the building and all are individually metered for electric. The property has shared coin laundry, off-street parking, updated windows, a NEW ROOF in September...Cushman & Wakefield is pleased to present 1115 Old Dutch Mill Rd, a 4-unit multifamily property in an investor friendly, West side neighborhood in Colorado Springs. The property consists of two 2 bed/1 bath units and two 3 bed/1 bath units. Each unit offers spacious living and kitchen areas, two of the units feature balconies in the back of the building and all are individually metered for electric. The property has shared coin laundry, off-street parking, updated windows, a NEW ROOF in September 2024 and newly renovated unit. The property has been well cared for by the long-term owner. Potential buyers have the operational value add of getting all units up to market rent and continuing property improvements. This West side location provides residents access to major tech employers along west Garden of the Gods Rd as well as short drives to Garden of the Gods and downtown Colorado Springs. Its prime location, near outdoor recreation, dining & retail centers, provides a strong foundation for attracting and retaining quality long-term tenants. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The attractiveness of this asset is magnified by the solid in place returns, flexible debt options and limited number of performing properties available in this market. Investment Highlights:
-One unit currently vacant
-Recent interior unit renovations
-Tenants pay all utilities
-Great unit mix with room for rent growth as leases turn
  1. Listed by Nic Polaski • Cushman & Wakefield • Nic.Polaski@cushwake.com

Property Details for 1115 Old Dutch Mill Road

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Holland Park
Association
No
Basement
No
LISTING UPDATED: 10/24/2024 03:16 PM

Property Details for 1115 Old Dutch Mill Road

StatusActive
MLS #5920810
Days on Compass70
Taxes$3,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size-
CountyEl Paso County

Building Information for 1115 Old Dutch Mill Road

Stories-Residences-Year Built1969Building Size-Lot Size-

Property Information for 1115 Old Dutch Mill Road

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3526
  • Sqft Total: 3526
  • Living Area (SqFt Finished): 3526
  • Above Grade Finished Area: 3526
  • Living SqFt: 3526
  • Area Source: Public Records
  • PSF Total: 221
  • PSF Above Grade: 221
  • PSF Finished: 221
  • Master on Main: No
  • Heating: Baseboard
  • Cooling: Other
  • Laundry Features: Common Area
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 10
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,050.00
  • Unit Average Sq Ft: 750
  • Beds Total: 2
  • Baths Total: 1
Unit 2
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,295.00
  • Unit Average Sq Ft: 750
  • Numberof Parking Per Unit: 2
  • Beds Total: 2
  • Baths Total: 1
Unit 3
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,350.00
  • Numberof Parking Per Unit: 2
  • Beds Total: 3
  • Baths Total: 1
Unit 4
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,265.00
  • Numberof Parking Per Unit: 2
  • Beds Total: 3
  • Baths Total: 1
Parking
Parking
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-6
  • Parking Details: 6
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 6
  • Parking Count: 6
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Jackson
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: Holmes
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Coronado
  • High School District: Colorado Springs 11
Site & Location Information
  • Zoning: R4
  • Property Exclusions: N/A
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Stucco
  • Roof: Membrane
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer
  • Electric: Separate Meter Electricity

Property History for 1115 Old Dutch Mill Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1115 Old Dutch Mill Road

Taxable ValueLand$6,790Additions$51,640Total$58,430
Tax Record2023$3,000 ($250 / month)
Home Facts
Total Finished SqFt3,526 SqFtAbove Grade Finished SqFt3,526 SqFtStories2Lot Size10,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969ZoningR4CountyEL PASOAPN7325209027

Schools near 1115 Old Dutch Mill Road

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

Holmes Middle School
Public6 to 8

Coronado High School
Public9 to 12

CIVA Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1115 Old Dutch Mill Road is a multi-family home for sale in Colorado Springs, CO 80907. This property was listed for sale on August 18, 2024 by Cushman & Wakefield, it's currently listed at $780,000. It has been on the market for a total of 70 days and was last sold on May 18, 2018. This listing's school district is Colorado Springs 11 School District. Nearby schools include Jackson Elementary School, Holmes Middle School and Coronado High School. 1115 Old Dutch Mill Road is a 10-bed, 4-bath, 3,526 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cushman & Wakefield, Nic Polaski

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.