$999,050
For Sale

1617 N Chestnut Street

Colorado Springs, CO 80907
3802 sqft | 8 beds | 0.40 acres | #9011885
Listing OfficeCOLDWELL BANKER 1ST CHOICE REALTY
Browse 37 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
      • BasementFull, Partially Finished
      • Sewer InformationCity Sewer, Public Sewer
      • Utility FeaturesElectricity Available
      • Lot DescriptionCorner Lot, Level
      • SubdivisionBauer Sub Fil 1
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • Utility SourceCity Water
      • High SchoolCoronado
      • Elementary SchoolBristol
      • CountyEl Paso
      • MLS #9011885
      • MLS #9011885
      • Cost999050
      • Middle SchoolNorth
      • Square Feet3802
      • Year Built1919
      • Acres0.4
      • Bedrooms8

Location

Blake MillerReal 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
$0.00
Loan Amount
$0.00