$635,000
$64K PRICE DROP

1073 Westmoreland Rd Colorado Springs, CO 80907

Cragmor Neighborhood

Estimated payment $3,670/month

Total Views 6,892
8 Beds
4 Baths
3,024 Sq Ft
$210 Price per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • Mini Split Air Conditioners
  • Baseboard Heating

About This Home

Incredible investment opportunity for a fully leased Quadplex in Colorado Springs, centrally located and near UCCS and other medical complexes. Fully leased with current leases end in spring 2025 for three of the units and July 2026 for the 4th unit. Current rents at 4200 per month, market rents should be 4700 per month. Current owner took care of some much needed deferred maintenance during time of ownership like new roof and expansion unit of the boiler system.

Listing Agent

Kelly Taylor Blakesley

Atlas Real Estate Group Brokerage Email: kelly.taylorblakesley@realatlas.com,720-383-8708 License #100086004 Listed on: 03/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1972

Lot Details

  • 9,374 Sq Ft Lot
  • 1 Common Wall

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Edison Elementary School
  • Mann Middle School
  • Coronado High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • 220 Volts
  • 110 Volts
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Crestmoor Park Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal belongings
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 63293-12-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,873

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 3024
  • Exclusions: Tenant's personal belongings
  • Living Area: 3024
  • Directions: https://www.google.com/maps/place/1073+Westmoreland+Rd,+Colorado+Springs,+CO+80907/data=!4m2!3m1!1s0x87134f9857075d6f:0xa946abc96b8dab2a?sa=X&ved=1t:242&ictx=111
  • SubdivisionName: Crestmoor Park
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_ExpectedActiveDate: 2025-03-03
  • REC_RVSpaces: 0
  • Attribution Contact: kelly.taylorblakesley@realatlas.com,720-383-8708
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
  • Water Source: Public
  • Electric: 110V, 220 Volts

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Mann

Lot Info

  • Parcel Number: 63293-12-012
  • Lot Size Acres: 0.22
  • Building Area Total: 3024
  • Lot Size Sq Ft: 9374

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1873

MLS Schools

  • Elementary School: Edison
  • High School: Coronado

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $635,000 -7.3% $210 / Sq Ft
05/12/2025 05/12/25 Price Changed $685,000 -2.0% $227 / Sq Ft
03/01/2025 03/01/25 For Sale $699,000 +5.1% $231 / Sq Ft
09/26/2023 09/26/23 Sold $665,000 +0.8% $220 / Sq Ft
08/14/2023 08/14/23 For Sale $660,000 -- $218 / Sq Ft
Source: REcolorado®

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Source: REcolorado®

MLS Number: 6454221

REcolorado®

APN: 63293-12-012

Colorado El Paso County Colorado Springs 80907 Cragmor

1073 Westmoreland Rd, Colorado Springs, CO

This home is located at 1073 Westmoreland Rd, Colorado Springs, CO 80907 and is currently priced at $635,000, approximately $209 per square foot. This property was built in 1972. 1073 Westmoreland Rd is a home located in El Paso County with nearby schools including Edison Elementary School, Mann Middle School, and Coronado High School.

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Kelly Taylor Blakesley
Listing Agent
Kelly Taylor Blakesley
Section Image
Atlas Real Estate Group
(720) 383-8708