5-plex Victorian historic multi-unit home is located on coveted North Tejon Street in the Old North End of Colorado Springs, downtown and bordered by Colorado College on one end and Penrose Hospital on the other. One of only a few multi-family homes on the street (multi-unit conversions are no longer allowed in this residential neighborhood), this property has been renovated and remodeled to bring it to its original beauty with modern elements. North Tejon St. is known for its holiday celebrations and is a wide street This lovely Victorian was built by a lumber merchant and is sturdy and clean as can be. Here is your opportunity to live in one of the apartments and rent the others to cover expenses, or to rent all five apartments and have positive cash flow. The property includes a spacious main floor two-bedroom apartment with granite kitchen, renovated bath, hardwood floors, high ceilings, antique elements, two spacious 2nd floor apartments, with granite, renovated baths, refinished wood floors, antique fixtures and bay windows, one spacious attic unit with refinished wood floors, claw foot tub and granite kitchen, and one completely refurbished 2 bedroom basement unit with stainless, granite, and designer elements. Also recently completed is a beautiful new laundry area, a garage for two cars with remote entry and large driveway area and stamped concrete common space as well. The plumbing has largely been upgraded and there is a newer large capacity water heater and newer roof with a transferable warranty. The HVAC system has also been upgraded. Small storage sheds that accompany the units and the individual garden boxes. Most sidewalk have been replaced and parking on the street is convenient. This gorgeous Victorian is truly “turn-key” and waiting for you!
Listing courtesy of Pulse Real Estate Group LLC.
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