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3685 Michigan Avenue,  Colorado Springs CO, 80910 ( Sold )

  • Sold Price:
    $194,350
  • 01/07/2015

MLS# 1792947
|
7 beds, 4 baths
Source:REcolorado

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Listing Provided Courtesy Of: Nicholas Scott Real Estate
Last Updated: 12/4/2016 3:09 AM
Description for 3685 Michigan Avenue,  Colorado Springs CO, 80910
Updated fourplex with excellent cash flow/rental income in centrally located Park Hill. 100% current occupancy, and units consistently rented. All units have been updated and are very well-maintained. An on-site common laundry area provides additional income. Upgrades in units include refinished kitchen cabinetry, new interior paint, new doors, new kitchen appliances, new verticals, and new carpet/flooring. Fourplex building features include low maintenance brick exterior, fenced courtyard, off-street parking for residents, mature landscaping/xeriscaping, remodeled common laundry area, and a recently resealed roof. Owners also own can own a second fourplex on the same street, and will consider including both as a package. Excellent moneymaker and investment opportunity.
Price
Sold Price:
$194,350
Sold Date:01/07/2015
Park Hill
El Paso
7
4
3,128 (approx)
1792947
Sold
Description
Updated fourplex with excellent cash flow/rental income in centrally located Park Hill. 100% current occupancy, and units consistently rented. All units have been updated and are very well-maintained. An on-site common laundry area provides additional income. Upgrades in units include refinished kitchen cabinetry, new interior paint, new doors, new kitchen appliances, new verticals, and new carpet/flooring. Fourplex building features include low maintenance brick exterior, fenced courtyard, off-street parking for residents, mature landscaping/xeriscaping, remodeled common laundry area, and a recently resealed roof. Owners also own can own a second fourplex on the same street, and will consider including both as a package. Excellent moneymaker and investment opportunity.
Listing Information
Property Type: Fourplex
Ranch 7
4 0.2 Acres
3,128 (approx) $62.13 1969
Brick, Frame
Park Hill
3,128 Sq. Ft. (approx)
Individual Electric Meters, Common Gas Meters
4 Total
Neighborhood
School Information
District: Colorado Springs 11
MONROE SWIGERT MITCHELL
Room Information
Common
Eat-In Kitchen
Interior Features
Dishwasher, Disposal, Refrigerator, Range-Oven
Vinyl, Carpet
None
Gas Heat, Forced Air
No Basement
Internet Connection, Updated
Exterior / Lot Features
8 Parking Spaces
Brick, Frame
Patio
Rolled
R-5
Fenced (any type)
Financial Considerations
6415412029
$808
2012
Listing Price History

Colorado Springs Real Estate

Colorado Springs is located in Colorado. Colorado Springs, Colorado 80910 has a population of 417,534.

The median household income in Colorado Springs, Colorado 80910 is $54,351. The median household income for the surrounding county is $57,531 compared to the national median of $53,046. The median age of people living in Colorado Springs 80910 is 34.9 years.

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Courtesy: Nicholas Scott Real Estate
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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