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$ 750,000
Est. payment | /mo
2,640 Sqft Lot
$ 750,000
Est. payment | /mo
2,640 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8364951
Construction Status Existing
HOA Y/N No
Year Built 1985
Annual Tax Amount $2,308
Tax Year 2024
Lot Size 2,640 Sqft
Property Sub-Type Fourplex
Property Description
Incredible investment opportunity on the highly desirable West Side of Colorado Springs! This well-maintained multifamily property features four spacious 750 sq. ft. units, each with 2 bedrooms and 1 bathroom. A rare find, every apartment comes with its own street address, giving tenants added privacy and the feel of single-family living. Each unit is accessed through a secure shared foyer, with the convenience of an on-site laundry room. Tenants enjoy separate storage spaces for added functionality, along with ample parking in a large private lot plus additional street parking. The exterior has been thoughtfully updated with a new roof and fresh paint, while the xeriscaped landscaping offers great curb appeal and low-maintenance care. Located just minutes from Old Colorado City's shops, restaurants, and farmers market, this income property is perfectly positioned for strong rental demand. Outdoor enthusiasts will love the easy access to Garden of the Gods, Red Rock Canyon Open Space, and nearby trails, while commuters benefit from quick connections to I-25, Downtown Colorado Springs, and major employers. With its prime location, recent upgrades, and desirable features, this Colorado Springs 4-plex is an ideal addition to any real estate investment portfolio.
Location
State CO
County El Paso
Area Panorama Estates
Interior
Cooling None
Laundry Common
Exterior
Garage Spaces 4.0
Utilities Available Electricity Connected, Natural Gas Connected
Building
Foundation Slab
Water Municipal
Structure Type Framed on Lot
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable

Listed by Keller Williams Action Realty, LLC
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Clint Jordan
REALTOR® | Lic# FA100073975