$657,000
$675,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
4 Baths
1,838 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $657,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,838 sqft
Subdivision Cimarron Hills
MLS Listing ID 9400756
Sold Date 05/31/24
Bedrooms 10
HOA Y/N false
Abv Grd Liv Area 3,676
Originating Board REcolorado
Year Built 1972
Annual Tax Amount $2,761
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Don't miss this one with beautiful Pikes Peak views! This is a chance to own a 4-plex that performs better than most in this price range. With two 3-bedroom units in the unit mix, gross rents are higher than most other 4-plexes on the market and are a value-add for the savvy investor, making a more attractive cap rate more likely! Units have been upgraded to include newer carpet, newer paint, and updated kitchens and baths. Vinyl windows add to the comfort of tenants. Xeriscaping means low water bills and landscape care. Conveniently located to shopping, restaurants, and hospitals along the Powers corridor, residents enjoy ease of living in an area that is conducive to access.
Location
State CO
County El Paso
Area Out Of Area
Zoning RM-30 CAD-0
Direction From the intersection of Galley Rd. and Hathaway Dr., take Hathaway Dr. northbound to Chippewa Rd. Property is on the northwest corner of Chippewa Rd. and Hathaway Dr.
Interior
Heating Hot Water, Baseboard
Cooling Room Air Conditioner, Ceiling Fan(s)
Fireplaces Type None
Fireplace false
Appliance Dishwasher, Disposal
Laundry Common Area
Exterior
Garage Spaces 6.0
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
View Mountain(s), City
Roof Type Composition,Other
Building
Faces South
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Bi-Level
Structure Type Wood/Frame,Wood Siding,Concrete
New Construction false
Schools
Elementary Schools Mcauliffe
Middle Schools Swigert
High Schools Mitchell
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States