Homes for sale - 4255 Loomis Ave, Colorado Springs, CO 80906

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Jeff Lewis

jeff@corepropertygroupre.com +1(970) 443-2224

$ 749,900

Est. payment | -/mo

8 Beds

4 Baths

3,465 SqFt

Save

$ 749,900

Est. payment | -/mo

Save

8 Beds

4 Baths

3,465 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,465 sqft

Subdivision Patio Townhouse

MLS Listing ID 7298185

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,465

Originating Board REcolorado

Year Built 1971

Annual Tax Amount $2,064

Lot Size 9,147 Sqft

Acres 0.21

Property Description

A rare opportunity for a turnkey investment awaits in this updated Stratmoor Hills quadplex. Showcasing recent interior and exterior upgrades, this property offers flexibility and rental income potential. Each of the four units features two bedrooms, one bathroom and in-unit laundry for added convenience. Three of the four units have been thoughtfully updated with modern finishes, including neutral tiles and stylish light fixtures. Owners may choose to reside in one unit and rent the remaining three units, or rent all four units to maximize returns. A large backyard with a seating and play area presents plenty of space for enjoying outdoor relaxation. Ample space for vehicles is offered with off-street space for up to 16 cars and trucks. A central location within Colorado Springs provides close proximity to the Army base, schools and Cheyenne Meadows Park. Welcome to drive by, but please do not disturb tenants. Owner will consider carrying for up to 6 months. INDIVIDUAL electric meters were just installed.

Unit A is occupied, water and electric currently included in $1,800 rent; however, January 1 with new electric meters now in place rent will be reduced to $1,400 and tenant will pay own electric, ground-floor unit with patio and fenced outdoor space.
Unit B is occupied, water included in $1,400 month-to-month rent, tenant pays own electric, ground-floor unit with patio and fenced outdoor space.
Unit C is occupied with month-to-month at $1,400, water included in rent, January 1 with new electric meters now in place rent will be retained at $1,400 and tenant will pay own electric, 2nd-floor unit with balcony.
Unit D is vacant, water included in rent, rent advertised for $1,300 and tenant will pay own electric, 2nd-floor unit with balcony.

Location

State CO

County El Paso

Community Playground

Area Out Of Area

Zoning RM-30

Direction From Lake Ave., turn south onto Venetucci Blvd. Keep right toward B St. Turn right onto Crestridge Ave. Turn left onto Loomis Ave. Property is on the left.

Rooms

Other Rooms Outbuildings

Basement Partial

Interior

Interior Features Open Floorplan

Heating Baseboard

Appliance Dishwasher, Refrigerator, Washer, Dryer, Freezer

Exterior

Exterior Feature Balcony

Garage Spaces 16.0

Fence Partial

Community Features Playground

Utilities Available Electricity Available

View Mountain(s)

Roof Type Metal

Street Surface Dirt,Gravel

Porch Patio, Deck

Building

Faces West

Story 2

Foundation Slab

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame,Composition Siding

New Construction false

Schools

Elementary Schools Stratmoor Hills

Middle Schools Fox Meadow

High Schools Harrison

School District Harrison 2

Others

Senior Community false

SqFt Source Assessor

Information and Real Estate Services (IRES)

Listed by Milehimodern • Mary@milehimodern.com,303-881-8841

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 443-2224

jeff@corepropertygroupre.com

3665 John F Kennedy Pkwy Suite 210, Fort Collins, CO, 80525, USA

4255 Loomis Ave Colorado Springs, CO 80906