Colorado Springs, CO 80907,4230 Forrest Hill RD
See all 49 photos
Colorado Springs, CO 80907,4230 Forrest Hill RD
Colorado Springs, CO 80907,4230 Forrest Hill RD
Colorado Springs, CO 80907,4230 Forrest Hill RD
Colorado Springs, CO 80907,4230 Forrest Hill RD

$715,000

Est. payment /mo

$775,000

7.7%
Est.Price: ?

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

SOLD DATE : 03/08/2024

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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


REColorado (REColorado MLS)
Listed by Colorado Home Realty • jeanne@coloradohomerealty.com,719-440-2872
Bought with Fathom Realty Colorado LLC
Catherine Martin

Catherine Martin

Advisor | License ID: 100083503

+1(303) 419-7367

GET MORE INFORMATION

Name
Phone*
Message