703 E Costilla Street, Colorado Springs, CO, 80903

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$535,000

Highlights
Vacant Land
0.22 ac
703 E Costilla Street, Colorado Springs, CO, 80903 listed by Kyle Tzitzicas
Active
MLS#: 7590974
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Space maker

Property Description

Located on a corner lot in downtown Colorado Springs' beautiful Hillside community, this shovel ready, urban infill apartment complex offers 10 luxury, Class A units, with amazing mountain views and immediate proximity to downtown amenities. Take advantage of this property's Opportunity Zone tax benefits, which means you pay zero capital gains taxes on the sale after building and owning the apartments for ten years. This project is ready for builder permits, with all drawings and site variances approved and stamped by the city and tap fees already paid. As Hillside's future anchor point for urban living, all units will feature 9' interior ceilings, 8 tuck-under covered parking spots, 8 storage units, 8 bike storage units, a dedicated dog wash, and electric vehicle charging stations. Investment opportunities like this rarely make it to the open market. Make this one yours today!

Property Listed By

Kyle Tzitzicas
1563-013-917
230015859

RE/MAX Real Estate Group LLC
0097-435-917
00055802

Buying or selling your home can be a complicated and stressful process. With my experience in the Real Estate business I can make that process as simple and enjoyable as possible. Having lived in Colorado my entire life and Colorado Springs for 20+ years, I am extremely familiar with all the geography of Colorado.

Property Details

General Features

Land Type: Vacant Land

Lot Features

List Price: $535,000
County: El Paso
School District: Colorado Springs 11

Description

Lot SqFt: 9,500
Lot Description: City View, Corner, Level, Mountain View, View of Pikes Peak
Lot Location: Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center
Street Description: City/Town Road

Taxes, Utilities

Tax: $3,155

Additional Information

Disclaimer

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

703 E Costilla Street, Colorado Springs, CO, 80903

View of yard

Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.