1850 Monterey Road
Colorado Springs, CO 80910
4016 sqft | 0.23 acres | #1922433
Description
Great investment opportunity! Amazing value add 4-plex property, being sold at a discounted price. Large townhome units, all with two beds and two baths. All units have washer/dryer hook ups. Ample parking. Fully occupied with three month to month leases and the fourth lease expiring in October 2025. Hurry, this is a great deal and it won't last long! This property is being sold as-is and is ready for some TLC and good management. If properly updated & maintained - rents could be potentially doubled. Convenient access to I-25 & military bases.
Property Details
- Utility FeaturesElectricity Connected, Natural Gas Connected
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- BasementCrawl Space
- SubdivisionShenandoah
- School DistrictHarrison 2
- Elementary SchoolPikes Peak
- Structure TypeQuadruplex
- High SchoolHarrison
- Original List Price$475,000
- Property SubtypeQuadplex
- CountyEl Paso
- MLS #1922433
- MLS #1922433
- Middle SchoolCarmel
- Taxes Annual$1,961
- Cost475000
- Acres0.23
- Square Feet4016
- Year Built1984
Location
Legal
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Jason Daniels (#REC033830)
Listing Office: Finch & Gable Real Estate Company (#RECM2999)
Interested in Purchasing 1850 Monterey Road?
Get an estimate on monthly payments on this property.
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.
