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Property view

4995 Picturesque, 
Colorado Springs, CO 80917

$750,000


10

Beds


4

Baths


3,668

Sq Ft


Multi-Family

Sold

Listed by

Nic Polaski

Bought with Cushman & Wakefield

Cushman & Wakefield

MLS#

7196138

Source:

ML

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About This Home

4995 Picturesque

INVESTMENT OPPORTUNITY YOU DONT WANT TO MISS! Cushman & Wakefield is pleased to present 4995 Picturesque Circle, a 4-unit multifamily property in a high rental demand area near the Powers Blvd corridor in Colorado Springs. The property consists of (2) 2-bed/1-bath units and (2) 3-bed/1-bath units. Each unit offers spacious living and kitchen areas, two of the units feature balconies in the back of the building and individually metered for electric. The property has shared coin laundry, off-street parking, updated windows, and well cared for by current owner. Potential buyers have the operational value add of getting all units up to market rent and continuing light improvements on the property as leases turn. This location provides residents access to major employers along the N Powers Blvd Corridor, schools, and North Academy Blvd. Its prime location, near shopping amenities, dining & entertainment, provides a solid foundation for attracting and retaining quality long-term tenants. Palmer Park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features, and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The current rent roll provides consistent and predictable in-place returns, allowing potential buyers an opportunity to acquire a high performing asset.

Home Facts

Multi-Family

4 Baths

10 Bedrooms

Built in 1975

Price Summary

775,000

$211 per Sq. Ft.

MLS #:

7196138


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,668 Sq. Ft.


Structure

Structure

Building Area:

3,668 Sq. Ft.

Year Built:

1975


Lot

Lot Size (Sq. Ft):

11,100


Finances & Disclosures

Finances

Price:

$775,000

Price per Sq. Ft:

$211 per Sq. Ft.

MLS Logo
Based on information submitted to the MLS GRID as of June 4, 2025 10:39 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.