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Estes Park Team Realty

[email protected] +1(970) 586-3838

$ 1,250,000

Est. payment -/mo

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Active

5602 Towson Colorado Springs, CO 80918

11 Beds

12 Baths

7,072 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,072 sqft

Subdivision University Park

MLS Listing ID IRE2210794

Bedrooms 11

HOA Fees $4,200/ann

HOA Y/N Yes

Year Built 2001

Annual Tax Amount $3,846

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Source ires

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.

Location

State CO

County El Paso

Community University Park

Area Out Of Area

Zoning PDZ

Direction From Academy, go west on Vickers, then south on Saxon to Towson

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type Two or More, Gas

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Parking Features Attached

Garage Spaces 4.0

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Lot Description Corner Lot, Level

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Frame,Stucco

New Construction false

Schools

Elementary Schools Martinez

Middle Schools Jenkins

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://soco.aryeo.com/videos/019e3c46-f955-71c4-8ae5-7bef323bae85

Information and Real Estate Services (IRES)

Listed by Michael Turner

NEARBY SCHOOLS & PROPERTIES

Estes Park Team Realty

Broker/Owner | License ID: ER-1322538

+1(970) 586-3838

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Colorado

Estes Park Team Realty

5602 Towson Colorado Springs, CO 80918

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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5602 Towson