$1,095,000
For Sale

1617 N Chestnut Street

Colorado Springs, CO 80907
3802 sqft | 8 beds | 0.40 acres | #9011885
Listing OfficeCOLDWELL BANKER 1ST CHOICE REALTY
Browse 38 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

  • Interior Details
      • InteriorCeiling Fan(s)
    • Beds & Baths
      • Bedrooms8
  • Property Details
      • Lot DescriptionCorner Lot, Level
    • Measurements
      • Square Feet3802
      • Acres0.4
  • Construction Details
      • BasementFinished, Full
      • Property TypeMulti-Family
    • Condition
      • Year Built1919
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBauer Sub Fil 1
    • Location
      • School DistrictColorado Springs 11
      • High SchoolCoronado
      • Elementary SchoolBristol
      • CountyEl Paso
      • Middle SchoolNorth
  • Financial Details
      • Original List Price$1,150,000
      • Taxes Annual$2,640
  • Other
      • MLS #9011885

Location

Colorado Clockwork Realty Inc. Colorado Clockwork Realty, Inc.
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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