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Address Not Available By Request

Colorado Springs, CO 80909
  • $720,000
  • STATUS: Closed
  • ON SITE: 118 Days
  • MLS #: R6405298
Sold - 09/18/2024
$720,000
SOLD - 09/18/2024
  • 8
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Cushman & Wakefield is pleased to present 417 & 419 Swope Ave in Colorado Springs Colorado. This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympic Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units. Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated: 2024-09-20T18:41:36.43.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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Address Not Available By Request Colorado Springs, CO 80909

  • Price: $730,000
  • Status: Closed
  • On Site: 118 Days
  • Updated: 57 min ago
  • MLS #: R6405298
8
Beds
8
Baths
0
½ Baths
N/A
Acres
3,200
SQFT
$225
$/SQFT
1985
Built
Neighborhood:
Colorado Springs
County:
El Paso
Area:
13 All Others
Elementary School:
Monroe
Middle School:
Holmes
High School:
Mitchell
School District:
Colorado Springs 11
Property Description
Cushman & Wakefield is pleased to present 417 & 419 Swope Ave in Colorado Springs Colorado. This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympic Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units. Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.
Exterior Features

Attached Garage YN No Construction Materials Wood/Frame Covered Spaces 6 Garage Type Off Street Garage YN Yes Horse YN No Levels Two Roof Fiberglass Waterfront YN No

Interior Features

Above Grade Finished Area 3200 Building Area Total 3200 Heating Forced Air Heating YN Yes Living Area 3200 Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 800 Unit1 Total Baths 2

Property Features

Association YN No Crops None Exclusions N/A Has Hoa Covenants No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Colorado Springs New Construction YN No Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City SewerPublic Sewer Special Listing Conditions Private Owner Tax Annual Amount 1396 Tax Year 2022 Unit1 Rent 1280 Zoning R4

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Nic Polaski of Cushman & Wakefield: Nic.Polaski@cushwake.com,719-238-9074.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated: 2024-09-20T18:41:36.43.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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