$715,000
$775,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4230 Forrest Hill RD Colorado Springs, CO 80907
8 Beds
4 Baths
2,808 SqFt
Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $254
Subdivision Holland Park
MLS Listing ID 8426922
Sold Date 03/08/24
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,808
Year Built 1970
Annual Tax Amount $1,888
Tax Year 2022
Lot Size 8,025 Sqft
Acres 0.18
Property Sub-Type Quadplex
Source recolorado
Property Description
Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!
Location
State CO
County El Paso
Zoning R4
Rooms
Basement Daylight, Sump Pump, Walk-Out Access
Interior
Interior Features Ceiling Fan(s)
Heating Hot Water, Natural Gas, Radiant
Cooling Air Conditioning-Room, None
Flooring Carpet, Laminate
Fireplace Y
Appliance Dishwasher, Disposal, Microwave, Oven, Refrigerator
Laundry Common Area
Exterior
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Roof Type Composition
Total Parking Spaces 7
Garage No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Wood Siding
Schools
Elementary Schools Jackson
Middle Schools Holmes
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Fathom Realty Colorado LLC






