4228 Forrest Hill Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80907
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,819 sqft
Price per Sqft $297
Subdivision Holland Park
MLS Listing ID 9294008
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,819
Year Built 1970
Annual Tax Amount $2,169
Tax Year 2023
Property Sub-Type Quadplex
Source recolorado
Property Description
We are pleased to present this fantastic investment opportunity in a high rental demand area along the Garden of the Gods Road corridor. This professionally managed property featuring 2bed/1bath units, has seen renovations across all 4 units including paint, cabinet hardware, kitchen backsplash, LVP flooring, bathroom vanities and tub surrounds. The updated units provide tenants comfortable and modern living arrangements, providing predictable returns to investors looking for a turn key opportunity with a strong in-place roll. The property also features on site laundry and is within walking distance to local amenities like grocery stores, schools, parks, breweries and dining. This property is being offered in connection with the adjoining lot and an additional 4 units with 4226 Forrest Hill Rd, giving investors the ability to acquire a total of 8-units.
Location
State CO
County El Paso
Interior
Heating Baseboard
Cooling None
Flooring Carpet,Vinyl
Fireplace N
Laundry Common Area
Exterior
Roof Type Architecural Shingle
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Jackson
Middle Schools Holmes
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None