$475,000
Pending

1850 Monterey Road

Colorado Springs, CO 80910
4016 sqft | 8 beds | 0.23 acres | #1922433
Listing OfficeFinch & Gable Real Estate Company
Browse 13 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 FeaturesNatural Gas Available, Electricity Available
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • BasementCrawl Space
      • SubdivisionShenandoah
      • Elementary SchoolPikes Peak
      • High SchoolHarrison
      • CountyEl Paso
      • MLS #1922433
      • MLS #1922433
      • Middle SchoolCarmel
      • Cost475000
      • Acres0.23
      • Square Feet4016
      • Year Built1984
      • Parking Spaces12
      • Bedrooms8

Location

Legal

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. 

Last Updated: . Source: IRES

Listing Courtesy
Listing Agent: Jason Daniels (#033830), Email: team@finchandgable.com
Listing Office: Finch & Gable Real Estate Company (#M2999)

Brian Clodius | Clodius & CompanyReal Estate Group

Interested in Purchasing 1850 Monterey Road?

Get an estimate on monthly payments on this property.

$
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

Home

Account

Communities

About

© 2025 Clodius & Company. All rights reserved.
Website built by CloseHack.

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 other than REColorado (MTOMLS) - 6 - COname 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.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.