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1617 N Chestnut Street

Colorado Springs, CO 80907
  • $1,150,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 1231214
UPDATED: 181 min ago
$1,150,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Coldwell Banker 1st Choice Realty: (719) 687-0900.

Description

Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

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Pikes Peak Multiple Listing Service logo The Case Advantage | Keller Williams Clients' Choice- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-05T23:41:06.253.
www.thecaseadvantage.com/homes/154786325
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1617 N Chestnut Street Colorado Springs, CO 80907

  • Price: $1,150,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 181 min ago
  • ID#: 1231214
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1919
Built
Neighborhood:
Bauer
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.
Exterior Features

Fence All Foundation Details Full Basement Lot Size 0.4000 Lot Size Units Acres Roof Composite Shingle Siding Stucco Structure Frame

Interior Features

Appliances DishwasherDryerOvenRangeRefrigeratorWasher Cooling Ceiling Fan(s) Fireplace Description None Heating Hot Water Laundry Facilities Electric Hook-up Unit Total Baths 5 Unit Total Beds 8

Property Features

Earnest Money 10000 Income Property Sub Type Fourplex Notices Lead Base Paint Discl Req Tax Amount 2640.00 Tax Year 2023 Terms CashConventionalFHAVA Unit Count 4 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo The Case Advantage | Keller Williams Clients' Choice- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-05T23:41:06.253.
 
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The Case Advantage | Keller Williams Clients' Choice
509 Scott Avenue, Suite 110
Woodland Park CO, 80863
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Coldwell Banker 1st Choice Realty: (719) 687-0900.