$657,000
$675,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
10,000 Sqft Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $657,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7782924
Sold Date 05/31/24
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,761
Tax Year 2023
Lot Size 10,000 Sqft
Property Description
Don't miss this one with beautiful Pikes Peak views! This is a chance to own a 4-plex that performs better than most in this price range. With two 3-bedroom units in the unit mix, rents are higher than most other 4-plexes on the market and are a value-add for the savvy investor, making a better cap rate more likely! Units have been upgraded to include newer carpet, newer paint, and updated kitchens and baths. Vinyl windows add to the comfort of tenants. Xeriscaping means low water bills and landscape care. Conveniently located to shopping, restaurants, and hospitals along the Powers corridor, residents enjoy ease of living in an area that is conducive to access.
Location
State CO
County El Paso
Area Cimarron Hills
Interior
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Common
Exterior
Garage Spaces 6.0
Fence None
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, Lead Base Paint Discl Req
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