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Sold for $700,000 on 12/30/22
  • $700,000

    4340 Loomis Avenue, Colorado Springs, CO 80906

    10beds
    4baths
    3,908sqft
    Quadruplex
    Built in 1973
    -- sqft lot
    $643,900 Zestimate®
    $179/sqft
    $1,269 Estimated rent

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    $1,269/mo

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    $1,269/mo

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    $3,848/mo

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    $3,848/mo

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    What's special

    This is a HUGE 4 Unit Property with a large lot of 10 off-street parking spaces. The property consists of 2-2Br/1Ba units and 2-3Br/1Ba. Unit A and D are remodeled with new carpet, windows and paint. New roof. New boiler. New windows. $20K of Capital Improvements were just put into the property this year. Pro-forma 7.1% CAP rate. The property is conveniently located near the Colorado Army National Guard and the Broadmoor. There are beautiful views of the mountains from the west facing units. The property also provides easy access to I-25.

    Zillow last checked: 8 hours ago

    Listing updated: May 11, 2023 at 02:20am

    Listed by:

    Christopher Mitton 303-887-4955,

    Pinnacle Real Estate Advisors

    Bought with:

    Walter Huff II, 001312180

    Keller Williams DTC

    Source: REcolorado,MLS#: 9850158MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Hot Water
    Cooling
    • Air Conditioning-Room
    Features
    • Has basement: No
    Interior area
    • Total structure area: 3,908
    • Total interior livable area: 3,908 sqft
    • Finished area above ground: 3,908

    Property

    Parking
    • Total spaces: 10
    • Details: Off Street Spaces: 10
    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 6505407039
    • Zoning: RM-30
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Colorado Springs
    • Subdivision: Loomis

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Ownership: Individual
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    Estimated market value
    $643,900