1145 Chiricahua Loop, Colorado Springs, CO

$820,000

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0.22

Acres

About 1145 Chiricahua Loop

Don't miss out on this well maintained 4 plex near Peterson Field! Owner is currently in the process of increasing all units' rent to reflect the amount in the MLS of $1,250.00 per unit. The rents can be immediately increased as one unit is vacant, one unit's lease ends July 31, 2022 and two units are on month-to-month tenancy. Tenants pay gas and electric. Owner is changing utilities to include an $80.00 flat fee per unit per month for water, sewer and trash. Inventory is low so come see this one as soon as possible. This 4 plex has been well maintained by the owner landlord and has great rental history. One unit has been renovated and the other units are updated. The units have a functional layout with an open living room, dining room and kitchen area. All units have had furnaces replaced and some water heaters have been replaced. The grounds are landscaped with low-water consumption landscaping, so cash flow isn't wasted on maintaining lawn areas. The exterior of the building is also low maintenance brick. The property contains newer windows (complete with a transferrable warranty) and a newer roof. Square footage is approximate. Buyer to verify square footage and condition. Seller and Listing Agent are related.

Features of 1145 Chiricahua Loop

MLS® # 2034085
Price $820,000
Acres 0.22
Year Built 1983
Type Income
Sub-Type Fourplex
Status Active

Community Information

Address 1145 Chiricahua Loop
Subdivision Cimarron Hills
City Colorado Springs
County El Paso
State CO
Zip Code 80915

Amenities

Utilities Electricity, Natural Gas, Telephone

Interior

Appliances Dryer, Disposal, Refrigerator, Range Oven (Gas/Elec), Washer
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Fireplaces None

Exterior

Exterior Brick
Roof Composite Shingle
Foundation Full Basement, Garden Level

School Information

District 11-Colorado Springs

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReid Realty, Inc

Listing Map

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