Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.
Excellent rental history, No HOA, Private fenced backyards, Unit A has a bonus room without a window. Unit A has been renovated: new flooring, kitchen countertops, paint. Roof is scheduled to be replaced.
This beautifully maintained fourplex is perfectly located just off the Powers corridor, providing easy access to shopping, dining, and schools. Each unit features two bedrooms and a conveniently located full bathroom just steps from the bedrooms. Ample parking is available at the back of the complex, along with street parking in the front. The upper units offer stunning mountain views and a welcoming sitting area by the front door, while the main level units provide easy access and an abundance of natural light. Donâ??t miss this fantastic investment opportunityâ??make this fourplex yours today!
PRICE REDUCTION! Centrally located 4-plex with great consistent rental history! 4- 1bd/1ba units with ample off street parking. Each unit has its own storage closet. Well maintained and professionally managed. Separate gas and electric meters for each tenant to pay their own utilities. Water, sewer and trash are currently included in the rent. There is a coin operated laundry space on site serviced by outside company. Close to Peterson Air Force Base, Space Command, Schreiver Air Force Base, shopping, bus lines and the Powers corridor. Turn-key investment opportunity! All rental history documents under this owner are available for review.
The median home value in Colorado Springs, CO is $272,000. This is lower than the county median home value of $456,200. The national median home value is $338,100. The average price of homes sold in Colorado Springs, CO is $272,000. Approximately 71.46% of Colorado Springs homes are owned, compared to 22.54% rented, while 6% are vacant. Colorado Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colorado Springs real estate agent to arrange a tour today!
Colorado Springs, Colorado 80915 has a population of 18,619. Colorado Springs 80915 is less family-centric than the surrounding county with 27.56% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Colorado Springs, Colorado 80915 is $73,475. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Colorado Springs 80915 is 32.1 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 18.5 inches per year, with 57.6 inches of snow per year.