$640,500
$635,500
0.8%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 12/04/2024
Key Details
Sold Price $640,500
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7509985
Sold Date 12/04/24
HOA Y/N No
Year Built 1983
Annual Tax Amount $2,078
Tax Year 2022
Lot Size 0.260 Acres
Property Sub-Type Fourplex
Property Description
Welcome to your next property, an exceptional income-producing 4-plex property nestled in the heart of Cimmaron Hills. This well-maintained investment features four spacious units, each with 2 bedrooms and 1 bathroom, Laundry in each unit, designed to meet the needs of today's renters. 1 unit has been fully remodeled for more income from being a rental, other units have been partially remodeled. With ample off-street parking, and a prime location close to major highways, public transportation, shopping, and schools, this property consistently attracts reliable long-term tenants. The common areas and individual unit layouts provide comfortable living spaces, enhancing tenant satisfaction and retention. Offering significant potential for rental income growth and long-term appreciation. This property presents an unparalleled opportunity for investors seeking a stable and profitable addition to their portfolio. Don't miss your chance to own this turnkey investment in a thriving community.
Location
State CO
County El Paso
Area Hathaway
Interior
Cooling Ceiling Fan(s), None
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry Electric Hook-up
Exterior
Garage Spaces 8.0
Fence None
Utilities Available Cable Available, Electricity Available, Electricity Connected
Roof Type Composite Shingle
Building
Foundation Slab
Water Municipal
Structure Type Framed on Lot
Schools
School District Colorado Springs 11
Others
Special Listing Condition Broker Owned, Sold As Is
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