1617 N Chestnut Street
Colorado Springs, CO 80907
3802 sqft | 8 beds | 0.40 acres | #9011885
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.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- School DistrictColorado Springs 11
- Lot DescriptionCorner Lot, Level
- SubdivisionBauer Sub Fil 1
- InteriorCeiling Fan(s)
- BasementFinished, Full
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Original List Price$1,150,000
- Structure TypeQuadruplex
- High SchoolCoronado
- Property SubtypeQuadplex
- Elementary SchoolBristol
- CountyEl Paso
- MLS #9011885
- MLS #9011885
- Utility SourcePublic
- Taxes Annual$2,640
- Cost999050
- Middle SchoolNorth
- Square Feet3802
- Year Built1919
- Acres0.4
- Bedrooms8
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Shawn Keehn (#REC15223N)
Listing Office: COLDWELL BANKER 1ST CHOICE REALTY (#RECCBR82)
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