$725,000 Price Analysis   ♡   Colorado Springs, CO 80916 10 bed 4 bath 3,707 SqFt ($195/SqFt) 0.23 acre lot. Built 1971 Listed 2024-04-10, Taxes $1,728 | Ⓧ USDA Ineligible due to location near Colorado Springs |
Investment Opportunity!!
4320 Airport Rd is a Quadplex which consists of (2) 3 Bedroom, 1 Bath Unit s and (2) 2 Bedroom, 1 Bath Units and an on-site washer and dryer room. Situated on a large lot it provides the building with a large parking lot to accommodate 8 parking spaces(2 per unit) and a front area with mature trees and low maintenance landscaping.
Enjoy immediate cash flow as the building is fully occupied. Centrally located to public transprtation, restaurants, shopping, etc makes for high rental demand, future appreciation and steady rent increases. 4320 Airport Rd sets itself apart from other Quad's in the area because of its unit mix with (2) 3 bedroom units, which demand a higher rental rate, as most units in the area are 2 Bedroom units. Rare find - Don't let this one pass you by!
Presented by David Roberts at
COMPASS.
Property MLS #4502296 from REcolorado
Full Bathrooms: 4
Lot Size Square Feet: 10140
Elementary School District: Colorado Springs 11
High School: Mitchell
High School District: Colorado Springs 11
Middle School: Swigert
Middle or Junior School District: Colorado Springs 11
Map directions Map directions Map directions Map directionsGross Scheduled Income: 66000.00
Tenant Pays: Electricity, Internet
Source Listing Status: Active
County: El Paso
Directions: Google Maps
Tax Year: 2022
Source Property Type: Residential Income
Exclusions: All Tenants Personal Property.
Source Neighborhood: Eastborough
Owner Pays: Electricity, Gas, Trash Collection, Water
Parcel Number: 64143-14-007
Subdivision: Eastborough
Zoning: R4 AO
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $24,940 + $4,350 $29,290 | $1,728 |
| 2020 | $19,960 + $2,570 $22,530 | $1,529 |
| 2019 | $19,960 + $2,570 $22,530 | $1,520 |
| 2018 | $14,710 + $2,480 $17,190 | $1,261 |
| 2017 | $14,710 + $2,480 $17,190 | $1,194 |
| 2016 | $12,580 + $2,620 $15,200 | $881 |
| 2015 | $12,580 + $2,620 $15,200 | $877 |
| 2014 | $11,580 + $2,620 $14,200 | $854 |
| 2013 | $11,580 + $2,620 $14,200 | $868 |
| 2011 | $13,520 + $2,620 $16,140 | $981 |
| 2010 | $13,520 + $2,620 $16,140 | $1,270 |
| 2009 | $18,580 + $2,950 $21,530 | $1,257 |
| 2008 | $18,580 + $2,950 $21,530 | $1,277 |
| 2007 | $18,580 + $2,950 $21,530 | $1,307 |
$725,000
REcolorado
Sold 2019-03-14
$420,000
PikesPeakMLS
Listed 2019-02-08
$420,000
PikesPeakMLS
Listing removed 2012-10-19
$119,900
PikesPeakMLS
Sold 2012-10-18
$121,000
Public Record
Price Changed 2012-08-08
$119,900
PikesPeakMLS
Price Changed 2012-07-26
$129,900
PikesPeakMLS
Price Changed 2012-07-06
$144,900
PikesPeakMLS
Listed 2012-05-31
$154,900
PikesPeakMLS
Sold 2001-12-03
$229,000
Public Record
Sold 1998-06-02
$171,000
Public Record
Sold 1995-10-27
$155,000
Public Record
Sold 1995-10-12
$60,000
Public Record
Sold 1993-05-18
$105,900
Public Record
Operating Expense Includes: Insurance, Professional Management, Real Estate Tax, Utilities
Year Built: 1971
Above Grade Finished Area: 3707
Construction Materials: Brick, Stucco
Levels: Two
Property Age: 53
Roof: Composition
Structure Type: Quadruplex
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.