3729 Red Canon Place, Colorado Springs, CO 80904

$750,000
8
BD
8
BA
List Price
$750,000
Status
Under Contract - Showing
MLS#
5682080
Days on Market
49
Property Type
Fourplex
Bedrooms
8
Bathrooms
8
Lot Size
2,612
Acres
0.06
County
El Paso
Neighborhood
Red Canon Townhomes
Year Built
1984

Property Description

Rare investment opportunity on the west side. Walking distance to Red Rocks open space, one of Colorado Springs' most popular parks and very near Garden of the Gods. Close to shopping and dining in Manitou Springs and Old Colorado City. Side by side townhome style units with 2 bedrooms on the upper level, kitchen and living room plus a half bath on the main level. Individually fenced rear yards allows for pets, also lockable outdoor storage attached. Roof replaced in 2018, updated vinyl windows and exterior paint. One unit has been remodeled recently with new flooring, paint, appliances, and bathrooms. The rents have been increased to nearer market value. There is further opportunity to add more value with interior updates to the other 3 units and increase rent further. This building has low tenant turnover and rents easily due to location and quality of building. PLEASE NOTE: interior pictures are for floor plan representation only, pictures represent the one updated unit in this building. The finishes in the other three units are not similar.

Additional Information

School District
Colorado Springs
Parking Spaces
4
Siding
Masonite Type
Fireplaces
Main, Wood
Tax Year
2018
Tax
$1,609
Existing Utilities
Cable, Electricity, Natural Gas
Appliances
220v in Kitchen, Dishwasher, Kitchen Vent Fan, Range Oven, Refrigerator
Existing Water
Municipal
Structure
Framed on Lot
Roofing
Composite Shingle
Laundry Facilities
Electric Hook-up
Basement Foundation
Crawl Space
Optional Notices
See Show/Agent Remarks
Fence
Rear
Total Num Units
4
Unit 1 Baths
2
Unit 1 Beds
2
Unit 1 Monthly Rent
$1,195
Unit 1 Sqft
896
Unit 2 Baths
2
Unit 2 Beds
2
Unit 2 Monthly Rent
$1,195
Unit 2 Sqft
896
Unit 3 Baths
2
Unit 3 Beds
2
Unit 3 Monthly Rent
$1,195
Unit 3 Sqft
896
Unit 4 Baths
2
Unit 4 Beds
2
Unit 4 Monthly Rent
$1,395
Unit 4 Sqft
896

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Nest Egg Realty, LLC.


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