See Home Value
$1,072,509*
Multifamily - Off Market

3721 Red Canon Place

Colorado Springs, CO 80904
bedrooms
Studio
bathrooms
0 Bath
$675,000 - $825,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Rare investment opportunity on the west side. Walking distance to Red Rocks open space, one of Colorado Springs' most popular parks and very near Garden of the Gods. Close to shopping and dining in Manitou Springs and Old Colorado City. Side by side townhome style units with 2 bedrooms on the upper level, kitchen and living room plus a half bath on the main level. Individually fenced rear yards allows for pets and there is lockable outdoor storage attached, also. Roof replaced in 2018, vinyl windows and exterior paint. One unit has been remodeled recently with new flooring, paint, appliances, and bathrooms.  The rents have been increased to nearer market value.  There is further opportunity to add more value with interior updates to the other 3 units and increase rent further.  This building has low tenant turnover and rents easily due to location and quality of building.  PLEASE NOTE: interior pictures are only representative of the updated unit in this building.  The other three units DO NOT have the finishes in the pictures.  Floor plans are similar.
Unit Size
-
Days on Market
-
Land Size
0.49 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,600
HOA Dues
-
Year Built
1984

Price History

Date / Event Date Event Price
Mar 10, 2020 No longer available -
No longer available
Feb 26, 2020 Sold to Victor Para $725,000
Sold to Victor Para
Oct 25, 2019 Listed $750,000
Listed

Property Highlights

Fireplace


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$724,000 Dec 8, 2022
-
$121/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191025
10/25/2019
Studio
-
-
$750,000
bedrooms
Studio
bathrooms
-
$725,000 -3.33%
02/26/2020
Shane Bruckner ABR

Building Info

3721 Red Canon Place 3721 Red Canon Place, Colorado Springs, CO 80904
More about this Building
3721 Red Canon Place
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About Manitou Springs


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