UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5603040
Construction Status Existing
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,222
Tax Year 2024
Lot Size 7,600 Sqft
Property Sub-Type Fourplex
Property Description
Each of the four units features 2 bedrooms, 1 bath, off-street parking, and spacious functional layouts. Two lower-level units have been recently remodeled with updated kitchens, flooring, and finishes. The upper-level units are occupied by long-term tenants and maintained in good condition. Tenants pay their own gas and electric utilities, while the owner pays water and trash. House metered electric and gas utilities are paid to the landlord with rent each month; divided equally amongst the 4 units. Coin-operated washer/dryer in community laundry area, storage spaces for each unit. Exterior features include a shared yard, mature trees, and a low-maintenance brick exterior. New sump pump system with backup batteries installed.
Many many updates and its excellent westside location, reliable occupancy, and room for future value-add, this property is a standout opportunity in today's market.
Please do not disturb tenants. Showings by appointment only
Location
State CO
County El Paso
Area Indian Heights
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type See Remarks
Laundry Coin, Common
Exterior
Fence Front, Rear
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Garden Level
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Established Rental History, Lead Base Paint Discl Req, See Show/Agent Remarks
Unit 3
Sqft 825
Beds 2
Baths 1
Rent Price 1000
Occupied Y
Furnished N
Unit 2
Sqft 825
Beds 2
Baths 1
Rent Price 1000
Occupied Y
Furnished N
Unit 1
Sqft 825
Beds 2
Baths 1
Rent Price 975
Occupied Y
Furnished N
Unit 4
Sqft 825
Beds 2
Baths 1
Rent Price 1000
Occupied Y
Furnished N
