Colorado Springs, CO 80909,Address not disclosed
Colorado Springs, CO 80909,Address not disclosed
Colorado Springs, CO 80909,Address not disclosed
14
$720,000
$730,000
1.4%
Est.Price: ?

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8 BD
8 BA
3,200 SqFt

Address not disclosed Colorado Springs, CO 80909

Est. payment /mo
SOLD DATE : 09/18/2024

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Key Details

Sold Price $720,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Subdivision Colorado Springs

MLS Listing ID 6405298

Sold Date 09/18/24

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,200

Originating Board REcolorado

Year Built 1985

Annual Tax Amount $1,396

Property Description

Cushman & Wakefield is pleased to present 417 & 419 Swope Ave in Colorado Springs Colorado. This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympic Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units. Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.

Location

State CO

County El Paso

Area Out Of Area

Zoning R4

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Waterfront false

Roof Type Fiberglass

Building

Story 2

Sewer City Sewer, Public Sewer

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Monroe

Middle Schools Holmes

High Schools Mitchell

School District Colorado Springs 11

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Nic.Polaski@cushwake.com,719-238-9074

GET MORE INFORMATION

Scott & Carli Nitzel

Brokers / Owners | License ID: 100068897

+1(970) 590-5450

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