Stand by
USDAProperties.com is coming up with an answer for you...

 

 

 

$730000   Price Analysis
Agent List  share icon     map icon  QR
417-419 Swope Ave
Colorado Springs, CO 80909
8 bed 8 bath 3200 SqFt ($228/SqFt)
Built 1985
Listed 2024-05-24
Ⓧ USDA Ineligible
due to location

near Colorado Springs

Cushman and Wakefield is pleased to present 417 and 419 Swope Ave in Colorado Springs Colorado.

This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympc Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units.

Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.


Presented by Nic Polaski at
Cush & Wakefield.


Property MLS #6405298 from REcolorado

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 8

Heating Features: Forced Air

Parking Total: 6

Elementary School: Monroe
Elementary School District: Colorado Springs 11
High School: Mitchell
High School District: Colorado Springs 11
Middle School: Holmes
Middle or Junior School District: Colorado Springs 11

Rogers Elementary School is a public elementary school located approximately 1 miles away.
directions icon Map directions

Galileo School Of Math And Science is a public middle school located approximately 1.2 miles away.
directions icon Map directions

Palmer High School is a public high school located approximately 1.6 miles away.
directions icon Map directions

American Christian Academy is a private elementary, middle and high school located approximately 0.3 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1396.00
Source Listing Status: Active
County: El Paso
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: Colorado Springs
Parcel Number: 64162-03-006
Subdivision: Colorado Springs
Zoning: R4
Property Subtype: Quadplex
Source System Name: C2C

Listed 2024-05-24
$730000
REcolorado
Sold 2021-01-27
$562000
PikesPeakMLS
Listed 2020-12-14
$500000
PikesPeakMLS

Total Square Feet Living: 3200
Year Built: 1985
Above Grade Finished Area: 3200
Construction Materials: Frame
Levels: Two
Property Age: 39
Roof: Architectural Shingles
Structure Type: Quadruplex

Sewer: Public Sewer
Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewunknownhouse_view
bathroombedroomunknownbathroomkitchen
unknownkitchenbathroomunknown

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.