4060 Airport Rd, Colorado Springs, CO 80910

$565,000

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Courtesy of HomeSmart. 303-858-8100

List Price
$565,000
Type
Multifamily
Property Sub Type
Fourplex
Status
ACTIVE
MLS Number
8176603
Neighborhood
Ruskin Square
Year Built
1971

Property Description

Excellent investment opportunity featuring a well-maintained fourplex in a strong rental location. The property consists of four 2 bed, 1 bath units with proven rental history and upside through lease-up and future rent growth. Property has been recently improved with updated units, and major systems in good shape including a new roof in the last year. Two units are currently occupied providing immediate income, while recent leasing activity demonstrates continued stable rental demand in the area. Conveniently located with easy access to shopping, employment centers, schools, and major transportation routes, this property is well suited for investors seeking stable cash flow with additional upside potential.

Additional Information

Lot Size Acres
0.19740000000000002
Lot Size Sq Ft
8,600
Tax Amount
$2,038
Water Source
City
Sewer
Sewer
Heating
Hot Water
Cooling
Other
School District
Colorado Springs 11

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