Colorado Springs, CO 80910

$565,000
4
BA
3,008
SqFt

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List Price
$565,000
Status
ACTIVE
MLS#
9603715
Year Built
1971
Bathrooms
4
Living Area
3,008
Region
Out of Area
Subdivision
ruskin square

Property Description

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Additional Information

Taxes
$2,038
School District
Colorado Springs 11
Elementary School
Monroe
Middle School
Swigert
High School
Mitchell
Heating
Hot Water
Utilities
Master Metered, Separate Meters
Garage Spaces
8
Tenant Pays
Electricity
Zoning
R-5 AO

Listing courtesy of Raphael Shattenkirk.

303-877-3852

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