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1018 E Platte Avenue

Colorado Springs, CO 80903
  • $1,294,850
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: 8347988
UPDATED: 40 min ago
$1,294,850
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Renjoy Real Estate: Renjoy Real Estate.

Description

Beautifully Renovated 4 Unit Property Downtown. Units are complete with in-unit washer and dryers, independent heating and cooling, spray foam insulation, brand new plumbing and electrical, updated foundation, and redesigned layout to allow separate entrances for every unit. Three of the units are fully furnished. With professional short term rental management already in place, the property will cashflow from day 1 without any effort or additional capital from the buyer. It's an exceptional opportunity for an owner occupant to have their mortgage completely covered by income from the property.This property won't have any major capital expenditures for the next 10+ years, and your tenants will enjoy low utility costs while being comfortable in every season.

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Pikes Peak Multiple Listing Service logo Cassidy Homes | The RE/MAX Real Estate Group- Licensed in the State of Colorado. 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-12-03T20:40:51.687.
www.buycospringshomes.com/homes/144000077
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1018 E Platte Avenue Colorado Springs, CO 80903

  • Price: $1,294,850
  • Status: Active
  • On Site: 61 Days
  • Updated: 40 min ago
  • ID#: 8347988
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1913
Built
Neighborhood:
Kassonia
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Beautifully Renovated 4 Unit Property Downtown. Units are complete with in-unit washer and dryers, independent heating and cooling, spray foam insulation, brand new plumbing and electrical, updated foundation, and redesigned layout to allow separate entrances for every unit. Three of the units are fully furnished. With professional short term rental management already in place, the property will cashflow from day 1 without any effort or additional capital from the buyer. It's an exceptional opportunity for an owner occupant to have their mortgage completely covered by income from the property.This property won't have any major capital expenditures for the next 10+ years, and your tenants will enjoy low utility costs while being comfortable in every season.
Exterior Features

Fence All Foundation Details Partial Basement Lot Size 9500.0000 Lot Size Units Sqft Parking Spaces Number Of 6 Roof Composite Shingle Siding Wood Structure Framed On Lot

Interior Features

Appliances DishwasherDisposalDryerKitchen Vent FanMicrowave OvenRange OvenRefrigeratorWasher Cooling Central Air Fireplace Description None Heating BaseboardElectricForced Air Laundry Facilities Electric Hook-Up Unit Total Baths 4 Unit Total Beds 5

Property Features

Earnest Money 10000 Income Property Sub Type Fourplex Notices Established Rental HistorySee Show/Agent Remarks Tax Amount 1756.24 Tax Year 2022 Unit Count 4 Utilities CableElectricityNatural Gas Water Municipal



Pikes Peak Multiple Listing Service logo Cassidy Homes | The RE/MAX Real Estate Group- Licensed in the State of Colorado. 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2023-12-03T20:40:51.687.
 
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Cassidy Homes | The RE/MAX Real Estate Group
12265 Oracle Blvd., Suite 105
Colorado Springs CO, 80921
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Renjoy Real Estate: Renjoy Real Estate.