Solidly performing, reliable and updated fourplex with established long-term tenants in great Pleasant Valley location is just itching to enhance a new investment portfolio. Recently updated and attractive with new roof, paint, gutters and flooring, this is a strongly performing asset with very low to no vacancy rate and four tenants either month-to-month or short remaining terms, creating an opportunity to keep current rent rolls intact or create your own. Units all include balconies or patios, tile baths, and wood-burning fireplaces. Superior location close to Old Colorado City, Garden of the Gods, downtown and major commuter routes. Surface parking includes seven paved spaces and additional spaces on dirt area on the south side of the building. Excellent opportunity for investors looking for a turn-key property with immediate income.
Sold for $781,049 on 10/23/23
$781,049
2809 King St, Colorado Springs, CO 80904
10beds
6baths
4,138sqft
Quadruplex
Built in 1983
-- sqft lot
$902,900 Zestimate®
$189/sqft
$1,517 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 24, 2023 at 02:15am
Listed by:
Brian Sink 719-460-3324,
The Platinum Group
Bought with:
Yanshuang Tan
HomeSmart
Source: Pikes Peak MLS,MLS#: 1750111
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Baseboard, Hot Water, See Prop Desc Remarks
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Refrigerator
- Laundry: Coin, Electric Hook-up, Gas Hook-up
Features
- Number of fireplaces: 4
- Fireplace features: Four
Interior area
- Total interior livable area: 4,138 sqft
Property
Lot
- Size: 10,066 sqft
Details
- Parcel number: 7402312052
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Roof: Composite Shingle
Condition
- Year built: 1983
Utilities & green energy
- Water: Municipal
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
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Estimated market value
$902,900