$640,000
$670,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,536 SqFt
SOLD DATE : 08/29/2024
Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $180
Subdivision Cochran
MLS Listing ID 1552359
Sold Date 08/29/24
Bedrooms 8
Condo Fees $850
HOA Fees $70/ann
HOA Y/N Yes
Abv Grd Liv Area 3,536
Originating Board recolorado
Year Built 1984
Annual Tax Amount $1,277
Tax Year 2022
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadplex
Property Description
Outstanding investment opportunity! Well kept, fully occupied 4-plex located in the Southeast community of Cochran. Each of the 4 units offer 2 bedrooms, and 1 bathroom, with 884 SF of functional living space. Tenants will appreciate easily maintained tile floors throughout the Living Room, Kitchen, Bathroom, and hallway of these units. Each bedroom offers neutral carpet and generous closets. Tenants can cozy up to the wood-burning fireplaces in the Living Rooms on chilly winter nights. The Kitchens feature a pantry, and ample cabinets and counterspace for storage and easy food preparation. Appliances include a dishwasher, smooth top range oven, vent hood, and refrigerator. The Bathrooms provide a vanity, mirror, and tiled tub/shower. There is a stackable washer and dryer is in each unit. Ample parking. Ideally located close to schools, parks, and shopping. Easy commute to the Colorado Springs Airport, Peterson Space Force Base, and Fort Carson. Solid rental history and existing full occupancy ensure a stable and profitable investment. Don't miss the opportunity to optimize your investment portfolio with this fully rented complex.
Location
State CO
County El Paso
Zoning PUD AO
Interior
Interior Features Laminate Counters, Open Floorplan, Pantry
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Roof Type Composition
Total Parking Spaces 1
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
Schools
Elementary Schools Turman
Middle Schools Carmel
High Schools Sierra High
School District Harrison 2
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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