$ 1,095,000
1617 N Chestnut ST Colorado Springs, CO 80907
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$ 1,095,000
Est. payment | /mo
0.4 Acres Lot
$ 1,095,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1231214
HOA Y/N No
Year Built 1919
Annual Tax Amount $2,640
Tax Year 2023
Lot Size 0.400 Acres
Property Description
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.
Location
State CO
County El Paso
Area Bauer
Interior
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Electric Hook-up
Exterior
Fence All
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composite Shingle
Building
Foundation Full Basement
Water Municipal
Structure Type Frame
Schools
School District Colorado Springs 11
Others
Special Listing Condition Lead Base Paint Discl Req
Listed by Coldwell Banker 1st Choice Realty