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Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,016 sqft
Price per Sqft $146
Subdivision Shenandoah
MLS Listing ID 1922433
Sold Date 05/02/25
HOA Y/N No
Abv Grd Liv Area 4,016
Year Built 1984
Annual Tax Amount $1,961
Tax Year 2023
Lot Size 10,072 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Source recolorado
Property Description
Great investment opportunity! Amazing value add 4-plex property, being sold at a discounted price. Large townhome units, all with two beds and two baths. All units have washer/dryer hook ups. Ample parking. Fully occupied with three month to month leases and the fourth lease expiring in October 2025. Hurry, this is a great deal and it won't last long! This property is being sold as-is and is ready for some TLC and good management. If properly updated & maintained - rents could be potentially doubled. Convenient access to I-25 & military bases.
Location
State CO
County El Paso
Zoning R5
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Laundry In Unit
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 12
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Stucco,Wood Siding
Schools
Elementary Schools Pikes Peak
Middle Schools Carmel
High Schools Harrison
School District Harrison 2
Others
Senior Community No
Ownership Estate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Finch & Gable Real Estate Company
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding sellers in the Denver Metro area. Whether you are a first-time or seasoned seller, I'll dedicate myself to building a working relationship to make the process smooth -- and profitable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of buyers and investors.
Let's talk about your property
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