10,295 Sqft Lot
10,295 Sqft Lot
Open House
Sat Aug 23, 2:00pm - 5:00pm
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7364350
Construction Status Existing
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,247
Tax Year 2024
Lot Size 10,295 Sqft
Property Sub-Type Fourplex
Property Description
Roof & gutters replaced in 2021
Parking lot restriped in 2021
All decks rebuilt & painted in 2020
Common areas refreshed with new paint & carpet in 2020
Each unit includes two dedicated parking spaces and a secure storage area. A shared laundry room is currently complimentary but could be converted to coin-operated for additional revenue.
The building is 100% occupied, with strong tenant retention supported by proximity to major employment centers, including Peterson Space Force Base, downtown, and the airport. This location continues to see growth, making the property well-positioned for both immediate returns and long-term appreciation.
With proven rental demand, updated systems, and minimal anticipated capital expenditures, this asset offers investors a turnkey, income-producing property with reliable cash flow from day one.
Location
State CO
County El Paso
Area Gaharts Sub Division
Interior
Cooling None
Laundry Common
Exterior
Garage Spaces 10.0
Utilities Available Cable Connected, Natural Gas Connected
Roof Type Other
Building
Foundation Garden Level
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable
Unit 3
Beds 1
Baths 1
Garages 2
Rent Price 950
Occupied N
Furnished N
Unit 4
Beds 1
Baths 1
Garages 2
Rent Price 1050
Occupied N
Furnished N
Unit 1
Beds 1
Baths 1
Garages 2
Rent Price 1200
Occupied N
Furnished N
Unit 2
Beds 1
Baths 1
Garages 2
Rent Price 1150
Occupied N
Furnished N
