$620,000
$680,000
8.8%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 : 07/19/2024
Key Details
Sold Price $620,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $175
Subdivision Cochran
MLS Listing ID 2896897
Sold Date 07/19/24
Bedrooms 8
Condo Fees $800
HOA Fees $66/ann
HOA Y/N Yes
Originating Board recolorado
Year Built 1985
Annual Tax Amount $1,502
Tax Year 2022
Property Description
An exceptional investment opportunity awaits in this well-maintained 4-plex! Each of the four units boasts a comfortable 2-bed, 1-bath layout, spanning 884 square feet of thoughtfully designed living space. Presenting a hassle-free investment, all units are currently rented, ensuring immediate rental income for savvy investors.
Strategically situated in close proximity to the airport, this property offers convenience and accessibility, making it an ideal choice for tenants. The prime location not only enhances its appeal to current occupants but also positions it as a magnet for prospective renters.
With a solid foundation of reliable tenants already in place, this 4-plex presents an attractive investment opportunity, assuring a steady income stream. Alternatively, for those seeking to make their mark in the rental market, there is the potential to attract new tenants and further optimize returns.
Don't miss the chance to add this turnkey 4-plex to your investment portfolio!
Location
State CO
County El Paso
Zoning PUD AO
Interior
Heating Forced Air
Cooling None
Fireplaces Number 4
Fireplace Y
Appliance Dishwasher, Oven, Range, Refrigerator
Laundry In Unit
Exterior
Garage Asphalt
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Roof Type Composition
Parking Type Asphalt
Garage No
Building
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Stratmoor Hills
Middle Schools Fox Meadow
High Schools Harrison
School District Harrison 2
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT
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