NOT LISTED FOR SALE
-- Bed
-- Bath
3,252 Sq Ft
8,377 Sq Ft Lot

Last Sold March 04, 2024

Last sale price $745,000 $229 Per Sq Ft

167 Days on Market

Highlights

  • Ceiling Fan
  • Baseboard Heating
  • Electric Fireplace
  • Pioneer Elementary School Rated A-
  • Wood Siding

About This Home

As of March 2024

Welcome to a meticulously maintained, turn-key property strategically positioned in a high-rental-demand, low-supply area – the epitome of "Location" This centrally located gem offers many features that make it an irresistible investment opportunity. Four 2-bed/1-bath units, each boasting a comfortable 813 sq ft. Hi-speed internet access is available in every unit. Centrally located with easy access to East-West and North-South travel routes. Perfect location for the commuter. Uncongested access to UCCS Campus, Air Force Academy, Ft. Carson, Woodman Rd., I25, Pueblo and Denver. Positioned near the end of a cul-de-sac, providing a tranquil environment. Investment Highlights: Perfect for an investor seeking to live rent-free in their own investment property. Proven track record with a 100% rent roll for the last 7 years. 2 tenant leases expiring mid-year offering the potential for increased rental income. Well-lit designated parking area with 2 spots for each tenant, enhanced by security lights for late workers. Lower units feature spacious fenced-in backyards. One unit includes a substantial 12x14 shed/workshop, creating an opportunity for additional rental income. Each unit is equipped with its own washer and dryer hookup. Separately metered electricity for individualized utility management. Separate entrances for each unit, ensuring privacy and convenience. Outdoor Spaces: Upper units showcase large new decks, perfect for enjoying scenic views. Lower units feature covered porches and expansive backyards, providing ample outdoor space. Recreation and Connectivity: Cotton Wood Creek walking trail within 100 feet, promoting an active lifestyle. Don't miss out on this golden opportunity to invest in a property that combines strategic location, high rental demand, and a history of consistent returns. Whether you're looking for a lucrative investment or a place to call home, this property checks all the boxes.

Last Agent to Sell the Property

Uli Pryse

Century 21 Altitude Real Estate Listed on: 08/23/2023

Century 21 Altitude Real Estate

Last Buyer's Agent

Dardrin Qin

Real Broker, LLC DBA Real

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1983

Lot Details

  • 8,377 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Electric Fireplace
  • Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1983

Lot Details

0

Listing Details

  • LaundryFacilites: Electric Hook-up
  • Property Sub Type: Fourplex
  • Prop. Type: Income
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range Oven, Refrigerator
  • Fireplace Type: Electric

Exterior Features

  • New Construction: Existing
  • Fence: Rear
  • Foundation Details: Slab
  • Roof: Composite Shingle
  • Exterior Construction: Wood
  • Structure: Wood Frame

Garage/Parking

  • ParkingSpacesNumberOf: 8

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Hot Water
  • Utilities: Cable, Electricity, Natural Gas
  • Hot Water: Assoc/Distr

Schools

  • School District: Academy-20
  • School District: Academy-20

Lot Info

  • Program Acres Total: 0.1923
  • Lot Size: 8375.0000

Tax Info

  • Flip Tax Amount: 1960.00
  • Tax Year: 2023

Multi Family

  • Unit Count: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $745,000 -14.8% $229 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
12/28/2023 12/28/23 Price Changed $874,000 -2.6% $269 / Sq Ft
10/03/2023 10/03/23 For Sale $897,000 +20.4% $276 / Sq Ft
10/02/2023 10/02/23 Off Market $745,000 -- --
09/24/2023 09/24/23 Price Changed $897,000 -5.1% $276 / Sq Ft
08/23/2023 08/23/23 For Sale $945,000 -- $291 / Sq Ft
Source: Pikes Peak REALTOR® Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pikes Peak REALTOR® Services

MLS Number: 7901466

Pikes Peak REALTOR® Services

APN: 63093-04-087