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$ 672,500
Est. payment | /mo
8,100 Sqft Lot
$ 672,500
Est. payment | /mo
8,100 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2290411
HOA Y/N No
Year Built 1972
Annual Tax Amount $1,751
Tax Year 2022
Lot Size 8,100 Sqft
Property Description
Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!
Location
State CO
County El Paso
Area Ruskin Square
Interior
Cooling None
Laundry Coin, Common
Exterior
Garage Spaces 4.0
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Water Municipal
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable
Listed by Your Castle Real Estate LLC
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Ted Bachara
Broker Associate | Lic# FA683485