Fountain Homes with Multi Family Subtype

Welcome to Fountain, Colorado: a vibrant city nestled in the heart of El Paso County, just a stone's throw from the majestic Rocky Mountains. Known for its welcoming community and stunning views, Fountain offers a unique blend of suburban tranquility and easy access to the bustling city life of nearby Colorado Springs. With its rich history and a plethora of outdoor activities, Fountain is an ideal place for families, retirees, and everyone in between.

One of the standout features of Fountain is its diverse real estate market, particularly in the realm of multi-family homes. Whether you're an investor looking to expand your portfolio or a homeowner seeking a property that can generate rental income, Fountain has a variety of multi-family options to suit your needs. These homes not only provide the opportunity for financial growth but also foster a sense of community, as they often host vibrant neighborhoods filled with friendly faces.

Imagine living in a charming duplex or triplex, where you can enjoy the benefits of homeownership while sharing the space with tenants or family. With Fountain's affordable housing market, you can find multi-family homes that offer ample space, modern amenities, and proximity to schools, parks, and local shops.

In Fountain, you can enjoy the best of both worlds: a serene lifestyle surrounded by nature, while still being close to urban conveniences. Explore the possibilities of multi-family living in this enchanting city and discover why Fountain, Colorado, is the perfect place to call home!

Newest Fountain Homes with Multi Family Subtype

$790,000

1590835 MLS

Rare 6-unit investment opportunity in the Fountain community! This well-maintained and fully occupied 6-plex features all side-by-side units, all 2 bed, 1 bath configurations, providing strong rental appeal and income potential. The property is a fully stabilized asset with great in-place rents and returns, and offers a turnkey investment opportunity supported by significant capital improvements, including 6 full unit turns, updated plumbing, and a newer roof completed in 2022. Utilities are structured with no gas on site; tenants pay all electric, while the owner currently pays water/sewer/trash, with potential to bill back for additional efficiency. The property offers extremely low-maintenance costs and could easily be self-managed with it’s turnkey nature. Ideally located with easy access to Highway 85/87, I-25, and Fort Carson, this property is also close to Pikes Peak Community College, shopping, dining, Fountain Creek Regional Park, neighborhood parks, and Downtown Fountain. Whether you're looking to expand your investment portfolio or add a well-positioned multifamily asset, this 6-plex presents an exceptional opportunity in a growing area. Investment Highlights: -All 2 bed, 1 bath units -Fully stabilized asset with great in place rents & returns -Turnkey asset with significant capital improvements including 6 full unit turns, updated plumbing, and newer roof (2022) -Utilities: No gas, tenants pay all electric (owners currently pay W/S/T – opportunity to bill back) -Currently self-managed with operational upside

129 Wellington Street, Fountain

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