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
Area & Lot
Lot Area8,023.752 Sq.Ft.
Living area8,023.752 Sq.Ft.
MLS® ID8048145
Year Built1970
School DistrictColorado Springs-11
TypeMulti-Family
StatusSold
Exterior
Heat typeHot Water, Natural Gas, Radiant
RoofShingle
Finance
Sales Price$602,000
Real Estate Tax$1,842 yearly
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.