$786,000
$820,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,666 SqFt
SOLD DATE : 08/31/2022
Key Details
Sold Price $786,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,666 sqft
Price per Sqft $214
Subdivision Cimarron Hills
MLS Listing ID 3683280
Sold Date 08/31/22
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1983
Annual Tax Amount $2,029
Tax Year 2021
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Don't miss this well-maintained 4 plex near Peterson Field! Upside in rents! All units can be increased immediately. Unit C will be increasing with upcoming new rental period. Two other units are month-to-month and one unit is vacant. Inventory remains low so come see this one as soon as possible. This 4 plex has been well maintained by the owner/landlord and has great rental history. One unit has been renovated and the other units are updated. The units have a functional layout with an open living room, dining room and kitchen area. All units have had furnaces replaced and some water heaters have also been replaced. The grounds are landscaped with low-water consumption landscaping, so cash flow isn't wasted on maintaining lawn areas. The exterior of the building is also low maintenance brick. The property contains newer windows (complete with a transferrable warranty) and a newer roof. Square footage is approximate. Buyer to verify square footage and condition. Seller and Listing agent are related.
Location
State CO
County El Paso
Zoning RM-30 CAD-
Rooms
Basement Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Laundry In Basement
Exterior
Fence None
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Lot Description Landscaped, Level
Story Split Entry (Bi-Level)
Foundation Concrete Perimeter
Sewer Public Sewer
Level or Stories Split Entry (Bi-Level)
Structure Type Brick, Frame
Schools
Elementary Schools Mcauliffe
Middle Schools Swigert
High Schools Mitchell
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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