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$750,000
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720 E Hills Rd
Colorado Springs, CO 80909
8 bed 4 bath unknown SqFt ($0/SqFt)
7,649SqFt lot. Built 1984
Listed 2023-10-21, Taxes $1,776
Ⓧ USDA Ineligible
due to location

near Colorado Springs

Latest Value Estimates: $668,000 from Collateral Analytics on 2024-04-17. $545,293 from Quantarium on 2024-04-24. Forecast Estimate Value:$680,648 in 2025-02-01 by Collateral Analytics. $545,306 in 2025-04-01 by Quantarium.

Great investment opportunity !!!

Nice 4 plex with lots of updating, all 4 units have new vinyl windows, new exterior pint and new accent siding. Each unit offers t wo Bedrooms and one bath with an open kitchen and living area.

Good rental history and 3 units are on month-to-month leases. Convenient location close to schools, shopping and downtown.


Presented by Greg Kelly at
RE MAX Real Estate Group.
Listing Agent Photo

Property MLS #1394554 from PikesPeakMLS

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Forced Air

Fencing: Front, Rear

Lot Size Acres: 0.1756
Lot Size Square Feet: 7649

Parking Total: 4

Number of Units: 4

School District: Colorado Springs 11

Queen Palmer Elementary School is a public elementary school located approximately 0.5 miles away.
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Galileo School Of Math And Science is a public middle school located approximately 1.1 miles away.
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Palmer High School is a public high school located approximately 2.1 miles away.
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St Mary's High School is a private high school located approximately 0.3 miles away.
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Annual Tax Amount: 1601.52
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Income
Source Neighborhood: East Hills
Postal Code Plus 4: 7341
Subdivision: East Hills
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$26,760 + $3,340
$30,100
$1,776
2020$20,410 + $2,730
$23,140
$1,570
2019$20,410 + $2,730
$23,140
$1,562
2018$17,030 + $2,400
$19,430
$1,425
2017$17,030 + $2,400
$19,430
$1,350
2016$16,180 + $2,500
$18,680
$1,082
2015$16,180 + $2,500
$18,680
$1,078
2014$12,440 + $2,500
$14,940
$899
2013$12,440 + $2,500
$14,940
$914
2011$12,440 + $2,500
$14,940
$908
2010$12,440 + $2,500
$14,940
$1,175
2009$16,980 + $2,950
$19,930
$1,163
2008$16,980 + $2,950
$19,930
$1,182
2007$16,980 + $2,950
$19,930
$1,210

Listed 2023-10-21
$750,000
PikesPeakMLS
Sold 2016-08-15
$300,000
Public Record
Sold 2000-06-14
$199,900
Public Record
Sold 1996-10-31
$155,000
Public Record
Sold 1995-09-12
$119,000
Public Record
Sold 1991-01-30
$60,000
Public Record

Year Built: 1984
Building Exterior Type: Masonite Type
Foundation Details: Garden Level
Property Age: 40
Roof: Composite Shingle
Structure Type: Framed on Lot, Frame
Year Built Details: Existing

Electricity Connected
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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.