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Brandon Lecocq

brandon@theridgeline.group +1(719) 413-6610

$ 795,000

Est. payment | -/mo

8 Beds

4 Baths

3,712 SqFt

Save

$ 795,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,712 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,712 sqft

Price per Sqft $214

Subdivision Creekside

MLS Listing ID 8316367

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,712

Year Built 1983

Annual Tax Amount $2,511

Tax Year 2024

Lot Size 0.319 Acres

Acres 0.32

Property Sub-Type Quadruplex

Source recolorado

Property Description

Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.

Location

State CO

County El Paso

Zoning PDZ

Rooms

Basement Walk-Out Access

Interior

Interior Features Ceiling Fan(s), Entrance Foyer

Heating Forced Air, Natural Gas

Cooling Central Air, None

Flooring Carpet, Laminate

Fireplaces Number 4

Fireplaces Type Family Room, Wood Burning

Fireplace Y

Appliance Dishwasher, Disposal, Oven, Range, Refrigerator

Laundry Common Area, In Basement

Exterior

Parking Features Asphalt

Fence None

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 6

Garage No

Building

Lot Description Many Trees

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Bi-Level

Structure Type Wood Siding

Schools

Elementary Schools Steele

Middle Schools Mann

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Listed by Colorado Rocky Homes

Schools and Properties Nearby

At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!

+1(719) 413-6610

brandon@theridgeline.group

1400 16th St, Denver, CO 80202-1470, USA

455 W Van Buren ST Colorado Springs, CO 80907