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Colorado Springs,CO 80915
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8171700
HOA Y/N No
Year Built 1973
Annual Tax Amount $3,242
Tax Year 2023
Lot Size 9,800 Sqft
Property Description
Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.
Location
State CO
County El Paso
Area Cimarron Hills
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type None
Laundry Coin,Electric Hook-up
Exterior
Garage Spaces 10.0
Utilities Available Electricity Connected,Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Garden Level
Water Municipal
Structure Type Framed on Lot,Frame
Schools
School District Colorado Springs 11
Others
Special Listing Condition Established Rental History
Unit 1
Sqft 810
Beds 2
Baths 1
Rent Price 1100
Occupied Y
Furnished N
Unit 2
Sqft 810
Beds 2
Baths 1
Rent Price 1200
Occupied Y
Furnished N
Unit 3
Sqft 810
Beds 2
Baths 1
Rent Price 1100
Occupied N
Furnished N
Unit 4
Sqft 810
Beds 2
Baths 1
Rent Price 1100
Occupied Y
Furnished N