$1,095,000
For Sale

1617 N Chestnut Street

Colorado Springs, CO 80907
Browse 29 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

  • Property Details
      • Exterior FeaturesStucco
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1919
    • Material information
      • RoofComposite Shingle
  • Community and Neighborhood Details
      • School DistrictColorado Springs 11
      • RegionColorado Springs
      • CountyEl Paso
  • Other
      • MLS #1231214

Location

Joe CoffeltReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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