Don't miss this one with beautiful Pikes Peak views! This is a chance to own a 4-plex that performs better than most in this price range. With two 3-bedroom units in the unit mix, rents are higher than most other 4-plexes on the market and are a value-add for the savvy investor, making a better cap rate more likely! Units have been upgraded to include newer carpet, newer paint, and updated kitchens and baths. Vinyl windows add to the comfort of tenants. Xeriscaping means low water bills and landscape care. Conveniently located to shopping, restaurants, and hospitals along the Powers corridor, residents enjoy ease of living in an area that is conducive to access.
Sold for $657,000 on 05/31/24
$657,000
6450 Chippewa Rd, Colorado Springs, CO 80915
10beds
4baths
3,676sqft
Quadruplex
Built in 1972
-- sqft lot
$714,000 Zestimate®
$179/sqft
$1,458 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 01, 2024 at 12:01am
Listed by:
Mary Reid 719-510-4632,
Reid Realty, Inc
Bought with:
Charlie Peace
Equity Colorado Real Estate
Source: Pikes Peak MLS,MLS#: 7782924
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Hot Water, Natural Gas
Cooling
- Ceiling Fan(s), Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Exhaust Fan, Oven, Refrigerator
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 3,676 sqft
Property
Parking
- Total spaces: 6
Features
- Fencing: None
Lot
- Size: 10,001 sqft
Details
- Parcel number: 5407102019
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Masonite, Framed on Lot
- Foundation: Garden Level
- Roof: Composite Shingle
Condition
- Year built: 1972
Utilities & green energy
- Water: Municipal
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
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Estimated market value
$714,000