UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,564 sqft
Price per Sqft $159
Subdivision Indian Heights
MLS Listing ID 3951168
HOA Y/N No
Abv Grd Liv Area 1,782
Year Built 1972
Annual Tax Amount $2,222
Tax Year 2024
Lot Size 7,600 Sqft
Acres 0.17
Property Sub-Type Quadruplex
Source recolorado
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 (with one vacating 10/1) and maintained in good condition. Tenants pay their own electric directly to utility company, and flat fee to owner for gas, water/sewer and trash. Coin-operated washer/dryer in community laundry area, storage spaces for each unit. Exterior features include a shared yard, shed, 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.
Location
State CO
County El Paso
Zoning R5
Rooms
Basement Daylight, Finished, Full
Interior
Interior Features Eat-in Kitchen
Heating Hot Water, Natural Gas
Cooling Air Conditioning-Room
Flooring Carpet, Vinyl
Fireplaces Number 4
Fireplaces Type Other
Fireplace Y
Appliance Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
Laundry Common Area, In Basement
Exterior
Parking Features Asphalt
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 5
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Frame,Stucco
Schools
Elementary Schools West
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, VA Loan
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Learn More About LPT Realty
Cesar Peña
Real Estate Advisor | License ID: FA.100097076
Real Estate Advisor License ID: FA.100097076