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Key Details
Sold Price $620,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,536 sqft
Subdivision Cochran
MLS Listing ID 2896897
Sold Date 07/19/24
Bedrooms 8
HOA Fees $66/ann
HOA Y/N true
Abv Grd Liv Area 3,536
Originating Board REcolorado
Year Built 1985
Annual Tax Amount $1,502
Property Sub-Type Income Property
Property Description
An exceptional investment opportunity awaits in this well-maintained 4-plex! Each of the four units boasts a comfortable 2-bed, 1-bath layout, spanning 884 square feet of thoughtfully designed living space. Presenting a hassle-free investment, all units are currently rented, ensuring immediate rental income for savvy investors.
Strategically situated in close proximity to the airport, this property offers convenience and accessibility, making it an ideal choice for tenants. The prime location not only enhances its appeal to current occupants but also positions it as a magnet for prospective renters.
With a solid foundation of reliable tenants already in place, this 4-plex presents an attractive investment opportunity, assuring a steady income stream. Alternatively, for those seeking to make their mark in the rental market, there is the potential to attract new tenants and further optimize returns.
Don't miss the chance to add this turnkey 4-plex to your investment portfolio!
Location
State CO
County El Paso
Area Out Of Area
Zoning PUD AO
Direction Powers South to Hancock. Right to Drennan Dr Dr. Left to Cochran Dr. Turn Right into the complex.
Interior
Heating Forced Air
Fireplaces Type 2+ Fireplaces
Fireplace true
Appliance Dishwasher, Refrigerator
Exterior
Utilities Available Electricity Available, Cable Available
Roof Type Composition
Building
Story 2
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Stratmoor Hills
Middle Schools Fox Meadow
High Schools Harrison
School District Harrison 2
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with NON MLS PARTICIPANT
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Nina Mooney
Broker Associate | License ID: FA 100067001
Broker Associate License ID: FA 100067001