129 Wellington Street Fountain, CO $ 790,000
129 Wellington Street
$ 790,000
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129 Wellington Street

Fountain, CO, 80817
$ 790,000
Bedrooms-- Baths-- Sq 4,242

Monthly Estimate*

$ 4,864

Listed by Cushman & Wakefield
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Commercial Property for sale in Fountain, CO

for $790,000. This 4,242 square foot building was built in 1986 on a lot size of 0.3.

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

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Commercial Active

Price

$ 790,000

Property Type

Commercial

Taxes

$ 2,794

Style

Lot Size

0.3

Year Built

1986

Town/City

Fountain

County/Region

El Paso

MLS | Web ID

1590835

Features
General
Sewer Public Sewer
Possession Negotiable
Roof Composition
Zoning R-2
Garage Spaces 0
Construction Materials Concrete Frame
Exclusions Seller(s) personal property
Year Built 1986
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 83170
County El Paso
Operating Expense 23999
Property Type Commercial Sale
Attached Garage N
Status Active
Directions From I-25 take exit 128 for Santa Fe Avenue and head east toward Fountain. Continue on Santa Fe Avenue as it becomes U.S. Highway 85/87 then proceed into Fountain. Turn west onto Main Street and cont
City Fountain
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 12927
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 2794
Lease Considered Y/N N
Standard Status Active
Occupancy Type Tenant
Cap Rate 7
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Exterior
Water Source Public
Total Parking 10
Lot Size Area 12927
Building Area Total 4242
Lot Size Acres 0.3
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Internal Only
Street Number 1 129
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* Excluded Features
List By
Cushman & Wakefield

Broker

(719) 238-9074

Phone

Affordability Calculator

$5,097
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,864
Monthly Property Taxes
$233
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$790,000 Listed Price

Map


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129 Wellington Street, Fountain, CO, 80817 is a Commercial Property for sale at $790,000 with 4,242 sqft and a lot size of 0.3. 129 Wellington Street was built in 1986. The property's zip code is 80817 which is in Fountain, CO