5602-5014 Towson View, Colorado Springs, CO 80918

$1,250,000
11
BD
12
BA
1,768
SqFt

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Courtesy of LIV Sotheby's International Realty . michael@homesbyturner.com,719-434-0199

List Price
$1,250,000
Type
Multifamily
Status
ACTIVE
MLS Number
2210794
Finished Sqft
1,768
Above Grade Sqft
1768
Total Sqft
7072
Subdivision
University Park
Sub-Area
University Park
Year Built
2001

Property Description

Located in one of Colorado Springs' most desirable neighborhoods, this phenomenal, income-producing 4-plex sits within an exclusive, investor-owned community bordering prestigious University Park — offering the privacy of a boutique asset with the stability of a professionally managed portfolio property. Built in 2001 and meticulously maintained, the property is 100% leased to high-quality, long-term tenants at market rents and has been under consistent professional management by Towson View Properties, LLC since 2020. The building comprises four spacious 1,768 sq. ft. townhome-style units — three 3BR/3BA layouts and one premium 2BR/3BA double-master suite configuration — each with a 1-car garage, private driveway, and large unfinished basement offering storage or future expansion potential. Recent capital improvements include a Class-4 impact-resistant roof with new gutters, professional stucco repairs, fresh exterior paint, stainless steel appliances, high-efficiency washers and dryers, 50-gallon water heaters, luxury vinyl plank flooring, carpeting, painting, and updated HVAC systems including two new Trane central A/C units and one new Trane furnace/A/C combination — all professionally serviced bi- annually. A strong, low-dues HOA covers professional grounds maintenance, snow removal, and trash, keeping owner overhead minimal. Close proximity to the 584-acre Austin Bluff Open Space and with UCCS just minutes away, the property benefits from a consistent rental demand pipeline drawn from students, faculty, and university-affiliated professionals who prioritize safety, convenience, and quality of life — making this a truly turnkey asset in a market that rarely sees inventory like it.

Additional Information

School District
Colorado Springs 11
Elementary School
Martinez
Middle School
Jenkins
High School
Doherty
Garage Spaces
4
Parking Spaces
4
Basement
Unfinished
Total HOA Fees
$4,200
Lot Size
5,631
Acres
0.13
Taxes
$3,846
Tax Year
2024

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