Check Availability
$699,000
Multifamily - For Sale

931 Cheyenne Boulevard

Colorado Springs, CO 80905
bedrooms
6 Beds
bathrooms
4 Baths
square feet
1765 Sqft
$3,652
Estimated Monthly
$0
HOA / Fees
5.97%
Cap Rate

About This Property

FOURPLEX GEM!! This unique property should be a part of your portfolio and is turnkey! Each unit holds its own charm and coziness with several updates throughout not to mention longtime reliable tenants in place. Did I mention respectful and low maintenance tenants that take pride in each of their units? Three of the four tenants have leases through 6/2025. The fourth unit is available 7/2024 and would be perfect timing for an owner occupy purchase. Some improvements include stainless steel appliances, newer hot water heaters, newer roof, newer 18'x 8' deck, laminate flooring, one unit has new windows, ADT alarm system on one unit, plumbing for an automatic sprinkler system, butcher block counter tops in one unit, breakfast bar in three units and fresh paint in two units. Find ample off street parking with 22'x19'x7' covered parking for two units, large front yard with mature trees and patio, storm doors on each unit and a fenced common area for pets. This opportunity is prime real estate in the Cheyenne D-12 district at the base of Cheyenne canyon in Colorado Springs.
Unit Size
1,765Ft²
Days on Market
28 days
Land Size
0.26 acres
Price per sqft
$396
Property Type
Multifamily
Property Taxes
$220
HOA Dues
-
Year Built
1970
Listed By
Wendy Wormal
RE/MAX Properties Inc
Last updated: 8 days ago (REcolorado MLS #REC4865533)

Price History

Date / Event Date Event Price
Apr 3, 2024 Listed by RE/MAX Properties Inc $699,000
Listed by RE/MAX Properties Inc

Property Highlights

Parking Details
Total Number of Parking: 8
Parking Features: Driveway-Dirt
Interior Details

Interior Information

Interior Features: Breakfast Nook, Butcher Counters, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Solid Surface Counters, Utility Sink
Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator
Flooring Type: Carpet, Vinyl, Wood

Basement Information

Basement: Exterior Entry, Finished, Walk-Out Access

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
2,302 ft²
$248/ft²
$569,999 Feb 15, 2024
-
$180/mo
House
3 Beds
2 Baths
1,924 ft²
$337/ft²
$649,000 Apr 12, 2024
-
$148/mo
House
4 Beds
2 Baths
2,692 ft²
$258/ft²
$695,000 Feb 2, 2024
-
$165/mo
House
4 Beds
4 Baths
2,603 ft²
$231/ft²
$600,000 Apr 3, 2024
-
$167/mo
House
5 Beds
4 Baths
3,874 ft²
$216/ft²
$835,000 Apr 17, 2024
-
$194/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

931 Cheyenne Boulevard 931 Cheyenne Boulevard, Colorado Springs, CO 80905
  • 1 Unit for Sale
More about this Building
931 Cheyenne Boulevard
Want to find out who owns 931 Cheyenne Boulevard, Colorado Springs, CO 80905? Get detailed property transactions here .

About Broadmoor


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