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Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This cute and updated 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!
Property Type(s):
Multi Family
Last Updated | 11/22/2023 | Year Built | 1970 |
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Community | Holland Park | County | El Paso |
SCHOOLS
School District | Colorado Springs 11 |
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Price History
Prior to Nov 22, '23 | $815,000 |
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Nov 22, '23 - Today | $799,900 |
Additional Details
AIR | Ceiling Fan(s) |
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AIR CONDITIONING | Yes |
AREA | Holland Park |
CONSTRUCTION | Brick, Masonite, Wood Siding |
FIREPLACE | Yes |
HEAT | Hot Water, Natural Gas, Radiant |
LOT | 8024 sq ft |
TAXES | 1888.02 |
Location
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