455 W Van Buren Street, Colorado Springs, CO 80907
- $795,000
- 8
- BD
- 4
- BA
- 3,712
- SqFt
Courtesy of Colorado Rocky Homes . contact@coloradorockyhomes.com,480-278-0480
- List Price
- $795,000
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- 8316367
- Finished Sqft
- 3,712
- Above Grade Sqft
- 3712
- Total Sqft
- 3712
- Subdivision
- Creekside
- Sub-Area
- Creekside
- Year Built
- 1983
Property Description
Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.
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Additional Information
- School District
- Colorado Springs 11
- Elementary School
- Steele
- Middle School
- Mann
- High School
- Coronado
- Parking Features
- Asphalt
- Basement
- Walk-Out Access
- Lot Size
- 13,910
- Acres
- 0.32
- Taxes
- $2,511
- Tax Year
- 2024
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