$672,500
For Sale
3832 sqft | 8 beds | 0.19 acres | #7975232
Listing OfficeYour Castle Real Estate Inc
Browse 19 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!

  • Interior Details
      • Bedrooms8
  • Property Details
      • Acres0.19
      • Square Feet3832
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • SubdivisionRuskin Square
    • Location
      • School DistrictColorado Springs 11
      • High SchoolMitchell
      • Middle SchoolSwigert
      • CountyEl Paso
      • Elementary SchoolMonroe
  • Financial Details
      • Original List Price$725,000
      • Taxes Annual$1,751
  • Other
      • MLS #7975232

Location

Jack Torres | THE TORRES GROUPReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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