Laura Jewett

Laura Jewett

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$630,000

($137,409 down)
VA

835 N Union Boulevard, Colorado Springs, CO 80909

5
3
0 sqft
PITI Monthly
$2,516.33 /mo

Listing courtesy of: Kathi Philpot MRP , Century 21 Dream Home

Assumed Rate

2.74%
7.15%

Principal & Interest

$2,219 /mo
$3,676 /mo

What's Special

SPACIOUS
MOVE-IN READY
FIREPLACE
DECK
COZY
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

This well-maintained Victorian home is a highly profitable investment opportunity, offering three separate rental units with private entries. Whether you're looking to maximize rental income or live in one unit while renting out the others, this centrally located property—situated across from the Olympic Training Center with Pikes Peak views —delivers strong cash flow potential in a sought-after area. Key investment highlights: Three fully functional units with private entrances for seamless multi-tenant occupancy, Ample parking—5 dedicated spaces in the rear, plus a corner lot for added convenience, Additional income potential with a full storage unit in the fenced backyard, Move-in ready with all appliances in excellent condition and recent upgrades throughout, All units have washer/dryer, stoves and refrigerators. Unit 1 (Basement Level) – 2-bed, 1-bath with a private side and backyard entrance. Features: updated flooring, a gas stove, and a cozy layout perfect for long-term or short-term renters. Unit 2 (Main Level) – 2-bed, 1-bath with a fireplace, spacious living area. Private front and back entrances, a well-appointed kitchen with a gas stove and pantry, separate laundry room and plenty of storage space make this a highly desirable unit. Unit 3 (Upper Level) – 2-bed, 1-bath with breathtaking Pikes Peak views from a private deck. Features LVP flooring, exposed brick, a spacious living area, built-ins, a stackable washer/dryer, and a bright kitchen. *New Pictures coming Soon!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,516.33/mo
Estimated Loan Balance
$494,772
Cash to close
$137,409
Interest Paid
$58,173

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Wall Furnace
Features
  • Materials: Block, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Main Level
  • Flooring:

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Triplex
  • Architectural Style: Tudor
Materials
  • Block, Frame, Wood Siding
  • Roof: Shingle
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Knob Hill
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $630,000
  • Tax Annual Amount: $1569.62
  • On Market Date: 2025-04-02T22:08:52.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $137,409 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $137,409!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$492,591
Your Cash$137,409
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$2,219/mo
Traditional @ 7.5%
$3,813/mo
You save $1,594/month ($19,127/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6384729

Listing From:

Last updated: 2025-03-27T23:55:58.000Z

© , PPMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

2.74%
7.15%

Principal & Interest

$2,219 /mo
$3,676 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $137,409 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $137,409!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$492,591
Your Cash$137,409
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$2,219/mo
Traditional @ 7.5%
$3,813/mo
You save $1,594/month ($19,127/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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