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William Watson

bill@watsonrg.com +1(720) 463-0002

$565,000

Est. payment - /mo

4 Baths

3,008 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,008 sqft

Price per Sqft $187

Subdivision Ruskin Square

MLS Listing ID 9603715

HOA Y/N No

Abv Grd Liv Area 3,008

Year Built 1971

Annual Tax Amount $2,038

Tax Year 2025

Property Sub-Type Quadruplex

Source recolorado

Property Description

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Location

State CO

County El Paso

Zoning R-5 AO

Interior

Heating Hot Water

Cooling Other

Fireplace N

Exterior

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick,Frame

Schools

Elementary Schools Monroe

Middle Schools Swigert

High Schools Mitchell

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, Other, VA Loan

Listing Terms Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

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Listed by HomeSmart

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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4060 Airport RD Colorado Springs, CO 80910