Fountain, CO 80817,157 Wellington ST
Fountain, CO 80817,157 Wellington ST
Fountain, CO 80817,157 Wellington ST
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$568,000
Est. payment /mo
2,828 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,828 sqft

Price per Sqft $200

Subdivision Fountain Valley Ranch

MLS Listing ID 8384168

HOA Y/N No

Abv Grd Liv Area 2,828

Year Built 1986

Annual Tax Amount $1,684

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

Property Description

***Prime Investment Opportunity in Fountain, CO*** This well-maintained multifamily property at 157-163 Wellington St features 2-bedroom 1-bath units, offering strong rental appeal in a high-demand market. Tenants are responsible for all utilities, minimizing operating expenses for ownership. The property has benefited from significant capital improvements, including three fully renovated units, enhancing overall value and tenant satisfaction. Located in a low-competition rental submarket, this asset presents a rare opportunity to capture steady cash flow and long-term appreciation in one of Fountain's most stable residential areas.

Location

State CO

County El Paso

Zoning R-2

Interior

Heating Baseboard

Cooling Other

Fireplace N

Exterior

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Vinyl Siding

Schools

Elementary Schools Aragon

Middle Schools Fountain

High Schools Fountain-Fort Carson

School District Fountain 8

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by Cushman & Wakefield

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Cara Grenko

Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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