5602 Towson Vw, Colorado Springs, CO 80918
- $1,250,000
- 11
- BD
- 12
- BA
- 1,768
- SqFt
Listing courtesy of Michael Turner.
michael@homesbyturner.com,719-434-0199
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 2210794
- Subtype
- Residential Income
- Year Built
- 2001
- Bedrooms
- 11
- Bathrooms
- 12
- Living Area
- 1,768
- Acres
- 0.13
- Subdivision
- University Park
- MLS Area Major
- Out of Area
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
- Taxes
- $3,846
- HOA Fee
- $4,200
- Zoning
- PDZ
- Appliances
- Dishwasher, Refrigerator, Washer, Dryer
- Heating
- Forced Air
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Levels
- Two
- Roof
- Composition
- Parking Features
- Attached
- Garage Spaces
- 4
- School District
- Colorado Springs 11
- Elementary School
- Martinez
- Middle School
- Jenkins
- High School
- Doherty
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