$695,000   ♡   Colorado Springs, CO 80916 8 bed 4 bath unknown SqFt ($0/SqFt) 9,997SqFt lot. Built 1985 Listed 2024-03-12, Taxes $1,502 | Ⓧ USDA Ineligible due to location near Colorado Springs |
An exceptional investment opportunity awaits in this well-maintained 4-plex!
* Has Contingent Offer *Each of the four units boasts a comfortable 2-bed, 1-bath layout, spanning 884 square feet of thoughtfully designed living space. Presenting a hassle-free investment, all units are currently rented, ensuring immediate rental income for savvy investors. Strategically situated in close proximity to the airport, this property offers convenience and accessibility, making it an ideal choice for tenants.
The prime location not enhances its appeal to current occupants but also positions it as a magnet for prospective renters. With a solid foundation of reliable tenants already in place, this 4-plex presents an attractive investment opportunity, assuring a steady income stream. Alternatively, for those seeking to make their mark in the rental market, there is the potential to attract new tenants and further optimize returns. Don't mi ss the chance to add this turnkey 4-plex t your investment portfolio!
Presented by Jason Lyman at
The Cutting Edge, REALTORS.
Property MLS #7224992 from PikesPeakMLS
Full Bathrooms: 4
Lot Size Square Feet: 9997
Map directions Map directions Map directions Map directionsSource Listing Status: Under Contract - Showing
County: El Paso
Tax Year: 2022
Source Property Type: Income
Source Neighborhood: Cochran
Subdivision: Cochran
Property Subtype: Fourplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $23,700 + $4,150 $27,850 | $1,502 |
| 2021 | $24,920 + $4,360 $29,280 | $1,639 |
| 2020 | $19,880 + $2,640 $22,520 | $1,467 |
| 2019 | $19,880 + $2,640 $22,520 | $1,422 |
| 2018 | $14,700 + $2,480 $17,180 | $1,127 |
| 2017 | $14,700 + $2,480 $17,180 | $860 |
| 2016 | $12,570 + $2,630 $15,200 | $811 |
| 2015 | $12,570 + $2,630 $15,200 | $811 |
| 2014 | $11,570 + $2,630 $14,200 | $766 |
| 2013 | $11,570 + $2,630 $14,200 | $827 |
| 2011 | $13,510 + $2,630 $16,140 | $935 |
| 2010 | $13,510 + $2,630 $16,140 | $1,226 |
| 2009 | $18,570 + $2,950 $21,520 | $1,240 |
| 2008 | $18,570 + $2,950 $21,520 | $1,257 |
| 2007 | $18,570 + $2,950 $21,520 | $1,273 |
$695,000
REcolorado
Price Changed 2024-04-15
$695,000
PikesPeakMLS
Relisted 2024-04-14
$725,000
PikesPeakMLS
Listing removed 2024-04-08
$0
PikesPeakMLS
Listed 2024-03-18
$725,000
REcolorado
Listed 2024-03-12
$725,000
PikesPeakMLS
Sold 2019-03-07
$430,000
Public Record
Listing removed 2019-02-15
$449,900
PikesPeakMLS
Listing removed 2019-01-25
$0
PikesPeakMLS
Listed 2019-01-24
$449,900
PikesPeakMLS
Listed 2018-08-03
$449,900
PikesPeakMLS
Sold 2017-03-14
$290,900
Public Record
Listing removed 2017-02-10
$294,900
PikesPeakMLS
Listed 2017-01-30
$294,900
PikesPeakMLS
Listing removed 2016-12-09
$325,000
PikesPeakMLS
Listed 2016-08-22
$325,000
PikesPeakMLS
Sold 2003-03-10
$265,000
Public Record
Sold 2002-11-04
$245,000
Public Record
Sold 2000-04-06
$199,900
Public Record
Sold 1994-07-08
$82,000
Public Record
Sold 1989-03-01
$131,500
Public Record
Property Age: 39
Year Built Details: Existing
Natural Gas 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.