$700,000
$699,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
4414 N Chestnut ST Colorado Springs, CO 80907
6 Beds
4 Baths
2,764 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $253
Subdivision Holland Park Sub 2
MLS Listing ID 5292542
Sold Date 09/30/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,764
Originating Board recolorado
Year Built 1967
Annual Tax Amount $1,945
Tax Year 2022
Lot Size 8,135 Sqft
Acres 0.19
Property Sub-Type Quadplex
Property Description
OPEN HOUSE AUGUST 4th 1-3pm
Please Park on the street and come say hi.
Welcome to your next 4-unit rental property! This south-facing gem is bathed in natural light and offers ample room for growth. Perfectly suited for both first-time investors and seasoned professionals looking to expand their portfolio, 4414 N Chestnut has a strong rental history and has been well maintained.
This versatile property can serve as a pure investment, enhancing your portfolio, or you can take advantage of residential financing to live in one of the units while upgrading the others. Enjoy the benefits of steady rent increases over time, or convert these units to meet the high demand for medium-term rentals in the Springs.
Located within walking and driving distance of shops, amenities, and major hospitals, this property is a phenomenal investment opportunity. Don't miss out on this fantastic chance to own a highly desirable rental property.
100% occupied
*interior pictures have been professionally virtually staged
Location
State CO
County El Paso
Zoning R5
Interior
Heating Forced Air
Cooling Other
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Cable Available, Electricity Available, Electricity Connected, Electricity Not Available, Natural Gas Available, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Jackson
Middle Schools Holmes
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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