4502 Picturesque new to site Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80917
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,848 sqft
Price per Sqft $252
Subdivision Village Seven
MLS Listing ID 2796811
Bedrooms 8
Condo Fees $111
HOA Fees $37/qua
HOA Y/N Yes
Abv Grd Liv Area 3,848
Originating Board recolorado
Year Built 1972
Annual Tax Amount $2,747
Tax Year 2023
Property Description
We are pleased to present this fantastic investment opportunity in a high rental demand area along North Powers corridor in the Village Seven neighborhood. This professionally managed property featuring two 2bed/1bath units and two Townhome style 2bed/1.5bath units, has seen renovations across 3/4 units including paint, cabinet hardware, kitchen backsplash, LVP flooring, bathroom vanities and tub surrounds. The updated units provide tenants comfortable and modern living arrangements, providing predictable returns to investors looking for a turn key opportunity with a strong in-place roll. The property also features on site laundry and in-unit washer/dryer hookups in the townhome style units. This property is being offered in connection with the adjoining lot and an additional 4 units with 4510 Picturesque Circle, giving investors the ability to acquire a total of 8-units.
Location
State CO
County El Paso
Interior
Heating Baseboard
Cooling None
Fireplace N
Exterior
Roof Type Architecural Shingle
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Wood Siding
Schools
Elementary Schools Carver
Middle Schools Sabin
High Schools Doherty
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None