3014 Mallard Drive is a four-unit multifamily property in Colorado Springs offered at $622,000, or $155,500 per unit. The property offers immediate upside through below-market rents and a vacant, turn-ready two-bedroom unit, allowing a new owner to capture market rents as leases roll. Recent improvements, including a replaced central boiler… Read More and new flooring in three units, reduce near-term capital needs, while professional management and utility reimbursements are already in place. Priced below comparable four-plex sales and eligible for conventional 30-year residential financing, the property provides a compelling opportunity to increase income with limited additional renovation. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected],214-336-6064
Listing Snapshot
Days Online
13
Last Updated
Property Type
Quadruplex
Square Ft.
3,360
Year Built
1969
MLS Number
9048564
Additional Details
Building
Built in 1969, Living area: 3360, Levels: One, Construction Materials: Brick, Stucco
Cooling
Central Air
Heating
Baseboard
Roof
Membrane
Sewer
Public Sewer
Taxes
Parcel Number: 64222-08-028, Annual Amount: $2,146, Legal Description: LOT 4 EX E 67.0 FT BLK 1 VALLEY-HI TERRACE SUB FIL 1 + REPLAT OF PART OF VALLEY-HI TERRACE SUB, Year: 2025, Zoning: R-5
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