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$ 750,000
$ 775,000 3.2%
10 Beds
4 Baths
0.25 Acres Lot
$ 750,000
$ 775,000 3.2%
10 Beds
4 Baths
0.25 Acres Lot
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Palmer Park
MLS Listing ID 7196138
Sold Date 06/03/25
Bedrooms 10
HOA Y/N No
Abv Grd Liv Area 3,668
Year Built 1975
Annual Tax Amount $2,478
Tax Year 2024
Lot Size 0.255 Acres
Acres 0.25
Property Sub-Type Quadruplex
Source recolorado
Property Description
This location provides residents access to major employers along the N Powers Blvd Corridor, schools, and North Academy Blvd. Its prime location, near shopping amenities, dining & entertainment, provides a solid foundation for attracting and retaining quality long-term tenants. Palmer Park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features, and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The current rent roll provides consistent and predictable in-place returns, allowing potential buyers an opportunity to acquire a high performing asset.
Location
State CO
County El Paso
Interior
Heating Baseboard
Cooling Other
Fireplaces Number 4
Fireplace Y
Exterior
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Sewer Community Sewer
Level or Stories Two
Structure Type Wood Siding
Schools
Elementary Schools Rudy
Middle Schools Sabin
High Schools Mitchell
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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Cushman & Wakefield
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