6450 Chippewa Road, Colorado Springs, CO 80915

Courtesy of Reid Realty, Inc. (719) 510-4632

$675,000
List Price
$675,000
Status
Active
MLS#
7782924
Days on Market
3
Property Type
Quadruplex
Lot Size
10,000
Acres
0.23
County
El Paso
Neighborhood
Cimarron Hills
Year Built
1972

Property Description

Don't miss this one with beautiful Pikes Peak views! This is a chance to own a 4-plex that performs better than most in this price range. With two 3-bedroom units in the unit mix, rents are higher than most other 4-plexes on the market and are a value-add for the savvy investor, making a better cap rate more likely! Units have been upgraded to include newer carpet, newer paint, and updated kitchens and baths. Vinyl windows add to the comfort of tenants. Xeriscaping means low water bills and landscape care. Conveniently located to shopping, restaurants, and hospitals along the Powers corridor, residents enjoy ease of living in an area that is conducive to access.

Additional Information

School District
Colorado Springs 11
Construction Status
Existing
Siding
Masonite Type
Fireplaces
None
Tax Year
2023
Existing Utilities
Electricity Connected, Natural Gas Connected
Appliances
Dishwasher, Disposal, Kitchen Vent Fan, Oven, Range, Refrigerator
Existing Water
Municipal
Structure
Framed on Lot, Wood Frame
Roofing
Shingle
Laundry Facilities
Common Area
Basement Foundation
Garden Level
Optional Notices
Established Rental History, Lead Base Paint Discl Req
Fence
None
Heating
Hot Water, Natural Gas
Cooling
Ceiling Fan(s), Wall Unit(s)
Earnest Money
7000

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


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