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4255 Loomis AVE Colorado Springs, CO 80906
9,300 Sqft Lot
UPDATED:
12/03/2024 05:22 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5112019
HOA Y/N No
Year Built 1971
Annual Tax Amount $2,064
Tax Year 2023
Lot Size 9,300 Sqft
Property Description
A rare opportunity for a turnkey investment awaits in this updated Stratmoor Hills quadplex. Showcasing recent interior and exterior upgrades, this property offers flexibility and rental income potential. Each of the four units features two bedrooms, one bathroom and in-unit laundry for added convenience. Three of the four units have been thoughtfully updated with modern finishes, including neutral tiles and stylish light fixtures. Owners may choose to reside in one unit and rent the remaining three units, or rent all four units to maximize returns. A large backyard with a seating and play area presents plenty of space for enjoying outdoor relaxation. Ample space for vehicles is offered with off-street space for up to 16 cars and trucks. A central location within Colorado Springs provides close proximity to the Army base, schools and Cheyenne Meadows Park. Welcome to drive by, but please do not disturb tenants. Owner will consider carrying for up to 6 months. INDIVIDUAL electric meters were just installed.
Unit A is occupied, water and electric currently included in $1,800 rent; however, January 1 with new electric meters now in place rent will be reduced to $1,400 and tenant will pay own electric, ground-floor unit with patio and fenced outdoor space.
Unit B is vacant, water and electric currently included in $1,700 rent; however, January 1 with new electric meters now in place rent is currently advertised for $1,400 as tenant will pay own electric, ground-floor unit with patio and fenced outdoor space.
Unit C is occupied with month-to-month at $1,400, water included in rent, January 1 with new electric meters now in place rent will be retained at $1,400 and tenant will pay own electric, 2nd-floor unit with balcony.
Unit D is vacant, water included in rent, rent advertised for $1,300 and tenant will pay own electric, 2nd-floor unit with balcony.
Unit A is occupied, water and electric currently included in $1,800 rent; however, January 1 with new electric meters now in place rent will be reduced to $1,400 and tenant will pay own electric, ground-floor unit with patio and fenced outdoor space.
Unit B is vacant, water and electric currently included in $1,700 rent; however, January 1 with new electric meters now in place rent is currently advertised for $1,400 as tenant will pay own electric, ground-floor unit with patio and fenced outdoor space.
Unit C is occupied with month-to-month at $1,400, water included in rent, January 1 with new electric meters now in place rent will be retained at $1,400 and tenant will pay own electric, 2nd-floor unit with balcony.
Unit D is vacant, water included in rent, rent advertised for $1,300 and tenant will pay own electric, 2nd-floor unit with balcony.
Location
State CO
County El Paso
Area Stratmoor
Interior
Cooling Other
Laundry Electric Hook-up
Exterior
Garage Spaces 16.0
Fence Front
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Metal
Building
Foundation Slab
Water Municipal
Structure Type Frame
Schools
School District Harrison-2
Others
Special Listing Condition Not Applicable
Unit 3
Beds 2
Baths 1
Rent Price 1400
Occupied Y
Furnished N
Unit 2
Beds 2
Baths 1
Rent Price 1400
Occupied N
Furnished N
Unit 4
Beds 2
Baths 1
Rent Price 1300
Occupied N
Furnished N
Unit 1
Beds 2
Baths 1
Rent Price 1400
Occupied Y
Furnished N
Listed by milehimodern