CO > Fountain > Fountain Valley Ranch
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
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6 Beds
3 Baths
2,828 SqFt
New

157 Wellington St Fountain, CO 80817

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Jeremy Kane

Jeremy Kane

+1(303) 210-0378

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,828 sqft

Subdivision Fountain Valley Ranch

MLS Listing ID 8384168

Style Ranch

Bedrooms 6

HOA Y/N false

Abv Grd Liv Area 2,828

Year Built 1986

Annual Tax Amount $1,684

Property Sub-Type Income Property

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. There is currently one vacant unit being fully renovated and would appeal to an owner-occupant.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

Area Out Of Area

Zoning R-2

Direction Take I-25 S to Fountain. Take exit toward US-85 from CO-16 E/Mesa Ridge Parkway. Continue on CO-85. You will exit toward Comanche Village Drive then immediately turn to El Paso Street. Take a final right turn onto Wellington Street.

Interior

Heating Baseboard

Exterior

Garage Spaces 8.0

Roof Type Fiberglass

Building

Story 1

Sewer City Sewer, Public Sewer

Level or Stories One

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Aragon

Middle Schools Fountain

High Schools Fountain-Fort Carson

School District Fountain 8

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Nic Polaski • Cushman & Wakefield • Nic.Polaski@cushwake.com,719-238-9074

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Jeremy Kane
Jeremy Kane

+1(303) 210-0378 | jeremy.kane@exprealty.com

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157 Wellington St