A rare opportunity for a turnkey investment awaits in this updated Stratmoor Hills quadplex. Showcasing recent interior and exterior upgrades, this property offers flexibility and rental income potential. Each of the four units features two bedrooms, one bathroom and in-unit laundry for added convenience. Three of the four units have been thoughtfully updated with modern finishes, including neutral tiles and stylish light fixtures. Owners may choose to reside in one unit and rent the remaining three units, or rent all four units to maximize returns. A large backyard with a seating and play area presents plenty of space for enjoying outdoor relaxation. Ample space for vehicles is offered with off-street space for up to 16 cars and trucks. A central location within Colorado Springs provides close proximity to the Army base, schools and Cheyenne Meadows Park. Welcome to drive by, but please do not disturb tenants. New electric meters just installed, so tenants pay electric and water is included in rent. All units occupied.
Sold for $700,000 on 04/03/25
$700,000
4255 Loomis Ave, Colorado Springs, CO 80906
8beds
4baths
3,465sqft
Quadruplex
Built in 1971
-- sqft lot
$701,700 Zestimate®
$202/sqft
$1,314 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 04, 2025 at 01:04am
Listed by:
Mary Anschutz 303-881-8841,
milehimodern
Bought with:
Mary Anschutz
milehimodern
Source: Pikes Peak MLS,MLS#: 5112019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
- Laundry: Electric Hook-up
Interior area
- Total interior livable area: 3,465 sqft
Property
Parking
- Total spaces: 16
Features
- Fencing: Front Yard
Lot
- Size: 9,300 sqft
Details
- Parcel number: 6505406028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1971
Utilities & green energy
- Water: Municipal
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Other,Owner Will Carry,VA Loan
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Estimated market value
$701,700