Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades—making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two… Read More years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today! Read Less
Courtesy of Better Homes & Gardens Real Estate - Kenney & Co. [email protected],719-287-8881
Listing Snapshot
Days Online
4
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
3,240
Lot Size
0.18 Acres
Year Built
1972
MLS Number
6526966
Additional Details
Appliances & Equipment
Oven, Range, Refrigerator
Building
Built in 1972, Living area: 3240, Levels: Two, Construction Materials: Brick, Frame, Stucco
Cooling
Air Conditioning-Room
Exterior Features
Patio/Porch Features: Deck, Patio, Private Yard
Fence
Partial
Floors
Carpet, Laminate, Linoleum
Foundation
Concrete Perimeter
Heating
Baseboard, Hot Water
Income
Gross Income: $57,828
Laundry
Common Area
Lot
0.18 acres
Parking
8 total parking spaces, Asphalt
Roof
Membrane
Sewer
Public Sewer
Taxes
Parcel Number: 64144-15-003, Annual Amount: $2,242, Legal Description: LOT 3 BLK 1 GAHART SUB NO 3 FIL NO 2, Year: 2025, Zoning: R-5 AO
Tenant Pays
Electricity, Gas, Internet, Trash Collection, Water
Utilities
Water Source: Public
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