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Map
$699,000
●
Multifamily -
For Sale
931 Cheyenne Boulevard
Colorado Springs, CO 80905
6 Beds
4 Baths
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
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
Exterior Details
Property Information
Architectual Style: Traditional
Property Type: Residential Income
Property Sub Type: Quadplex
Property Condition: Updated/Remodeled
Road Responsibility: Public Maintained Road
Year Built: 1954
Building Information
Levels: One
Structure Type: Quadruplex
Building Area Total: 1885
Construction Methods: Adobe
Roof: Composition
Exterior Information
Exterior Features: Dog Run
Lot Information
Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front
Lot Size Acres: 0.26
Lot Size Square Feet: 11408
Land Information
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $2,635
Utilities Details
Cooling: Air Conditioning-Room
Heating: Baseboard, Electric, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Directions: I-25 to exit 140 Tejon ST, South on Tejon to traffic circle and Cheyenne Blvd, exit traffic circle onto Cheyenne Blvd, 1.1 miles and property is on south side of Cheyenne Blvd
County or Parish: El Paso
Other Details
Selling Agency Compensation: 2.5
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
4
Beds
2
Baths
2,692 ft²
$258/ft²
$695,000
Feb 2, 2024
-
$165/mo
Active
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
About Broadmoor
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