Colorado Springs, CO 80906,4390 Loomis AVE
Colorado Springs, CO 80906,4390 Loomis AVE
Colorado Springs, CO 80906,4390 Loomis AVE
$710,000
Est. payment /mo
$675,000
5.2%
Est.Price: ?

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10 Beds
4 Baths
3,908 SqFt
SOLD DATE : 12/13/2021

Key Details

Sold Price $710,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,908 sqft

Price per Sqft $181

Subdivision Tamarack South

MLS Listing ID 3096494

Sold Date 12/13/21

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 3,908

Originating Board recolorado

Year Built 1972

Annual Tax Amount $1,519

Tax Year 2020

Property Description

Located in the southwest area of Colorado Spring just north of the Ft. Carson north entrance, this unique 10 bedroom (2 x 3/1s + 2 x 2/1s) 4 plex multifamily investment opportunity is for sale. As you can imagine, being located moments from downtown Colorado Springs just west of I-25 and east of highway 115/Nevada Ave, rental demand is consistently strong and currently at an all time high. All 4 units are spacious w/ two units having been recently FULLY renovated including the vacant 2 bedroom. The lower units have a fenced back yard area and there is plenty of on site parking as well as mountain views. Whether you are a seasoned investor looking to hedge against ongoing and inevitable future inflation and add more real estate to your portfolio or plan on occupying one unit and supplementing your income while reducing or negating living expenses, then this property is a must see and it will go fast. Call today for more details!

Location

State CO

County El Paso

Zoning RM-30

Interior

Heating Baseboard

Cooling None

Fireplace N

Appliance Range, Refrigerator

Exterior

View Mountain(s)

Roof Type Composition

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Oak Creek

Middle Schools Panorama

High Schools Sierra High

School District Harrison 2

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by ERA Shields Real Estate
Bought with Colorado Home Realty

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Bonnie Schwam

+1(719) 651-2916

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