455 W Van Buren Street, Colorado Springs, CO 80907

$795,000
8
BD
4
BA
3,712
SqFt

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Courtesy of Colorado Rocky Homes . contact@coloradorockyhomes.com,480-278-0480

List Price
$795,000
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE
MLS Number
8316367
Bedrooms
8
Bathrooms
4
Sqft Total
3,712
Neighborhood
Creekside
Year Built
1983

Property Description

Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.

Additional Information

Lot Size Acres
0.32
Lot Size Sq Ft
13,910
Tax Amount
$2,511
Tax Year
2024
Sewer
Public Sewer
Flooring
Carpet, Laminate
Basement Type
Walk-Out Access
Heating
Forced Air, Natural Gas
Cooling
Central Air, None
Fireplace Features
Family Room, Wood Burning
School District
Colorado Springs 11
Elementary School
Steele
Middle Or Junior School
Mann
High School
Coronado
Parking Total Searchable
6
Parking Features
Asphalt

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