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$ 650,000
Est. payment /mo
Pending
318 Bonnie CT Colorado Springs, CO 80916
10,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 5876182
Construction Status Existing
HOA Y/N No
Year Built 1970
Annual Tax Amount $1,948
Tax Year 2024
Lot Size 10,500 Sqft
Property Sub-Type Fourplex
Property Description
Solid income-producing 4-plex in Colorado Springs with three of four units occupied and a freshly updated vacant unit ready for immediate lease-up or for a house-hacker looking to occupy a unit themselves. The property features two 2BD/1BA units and two 3BD/1BA units in an up/down configuration, with upper-level and garden-level layouts offering natural tenant variety and stable demand across unit sizes. Unit 3 has just been turned with new carpet, fresh paint, and light repairs — move-in ready and primed to generate cash flow from day one. The remaining three units are occupied, providing an income base while you fill the fourth. Exterior features mature trees, xeriscaped front yard, storage closets for each unit, separate shared laundry room, and off-street parking in the rear — a practical amenity for tenants without the maintenance overhead of a garage. The building presents well with stucco construction and a clean curb appeal for the price point. Interiors reflect functional, rentable finishes throughout: tile flooring in kitchens and baths, electric range/oven, full-size refrigerators, tub/shower combos, and ample cabinet storage.
Location
State CO
County El Paso
Area Gaharts Sub Division
Interior
Cooling Wall Unit(s)
Fireplaces Number 1
Fireplaces Type None
Laundry Coin, Common
Exterior
Garage Spaces 4.0
Fence Front
Utilities Available Electricity Connected
Roof Type Composite Shingle
Building
Foundation Garden Level
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable
Listed by Atlas Real Estate Group LLC