Nexus Commercial Realty, LLC, has closed the sale of 903, 907, & 911 2nd Street, three separate duplexes for the total sale price of $845,000. Jeff Dimmen of Nexus represented the Seller and Patrick Knowlton of Nexus represented the Buyer in all three transactions.
Each duplex features two 2 bedroom, 1 bathroom units and the buildings are between 1,100-1,500 SF total. All three of the properties have been upgraded with new roofs and flooring, while two have newer furnaces, new windows, and newly paved parking lots. All have had continued routine maintenance throughout the previous ownership.
903, 907 & 911 2nd Street properties are all conveniently located directly on 2nd Street between N Arcadia St & N Institute St. Having all three duplexes situated within the same block offers great ease in ownership and not to mention, is in a central location to near the University of Colorado at Colorado Springs and the Old North End.
Buyer plans to enjoy the steady cashflow from this asset.
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