4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
4230 Forrest Hill Drive
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$602,000

4230 Forrest Hill Drive

Description

Incredible investment opportunity in coveted Holland Park on the West side of Colorado Springs. This gem has been lovingly maintained over the years. There is one remodeled unit and one unit is getting a new tiled shower surround. The roof was replaced in 2018, and the water heater was replaced in 2019. The upper units have back decks with mountain views. There is plenty of parking in back and on the street for all tenants' vehicles. The rents are currently below market in most of the units for some of the best tenants ever, so there is considerable room for additional income, along with the coin operated laundry which is leased by a Laundry Company. All 4 units have exterior storage units. Feel free to drive by, but do not disturb the tenants.

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Location

4230 Forrest Hill Drive, Colorado Springs, CO 80907

Status

Sold

Property Amenities

Interior
Laundry room Coin, Common
Appliances 220 v in Kitchen, Disposal, Range Oven, Refrigerator
Area & Lot
Lot Area 0.184 Acres
MLS® ID 8048145
Year Built 1970
School District Colorado Springs 11
Architecture Styles Wood Frame
Type COMMERCIAL
Status Sold
Exterior
Air conditioning None
Heat type Hot Water, Natural Gas, Radiant
Water Source Municipal
Roof Composite Shingle
Utilities Cable, Electricity, Natural Gas, Telephone
Finance
Sales Price $602,000
Real Estate Tax $1,842

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Work With Us

Gary and his team focus on his commitment to providing their clients with first class, 5 star service, before, during and after the transaction.