1020 Chiricahua

Colorado Springs, CO 80915
$595,000
Investor-ready 4-Plex with extensive capital improvements! This property has been consistently updated & well maintained by the current owners, unlike many multi-family properties that require immediate repairs or deferred maintenance work. Major building improvements include: New roof, boiler/water heater system, & exterior paint (2025) - New coin-operated washer & dryer (2024) - Replacement windows (2022 & 2024) - New Fence along the back side of the property & steel post reinforcement (2024) - Stair & concrete improvements for the garden-level units (2022) - Large tree removals & exterior maintenance (2022 & 2025) - Sewer line cleaning & camera scoping (2022, 2024 & 2025) - Annual backflow testing & inspections (2022-2025) - Power washing, painted front steps & fresh mulch (2026), The units have also been updated over the past several years: UNIT 1 New fridge, dishwasher & interior paint (2026) - ADA-compliant toilet (2025) - New stove & window replacement (2024) - New carpet & luxury vinyl plank flooring (2021). UNIT 2 - New carpet, LVP flooring, New dishwasher, stove, & fridge (2023), and 1 window replacement (2022). UNIT 3 - New stove & interior paint (2025) - New carpet & LVP flooring (2023) New fridge & dishwasher (2022). UNIT 4 - New stove & fridge, interior paint, carpet, & LVP flooring (2025). The property includes a common coin-operated washer & dryer that provides additional income for the owner & added convenience for tenants. There is ample off-street parking w/ parking areas located in the front & west side ofRead MoreRead Less
Market LogoCourtesy of HomeSmart.Kristan Rigdon ASN CNE EPRO GRI, 719-634-8761
Listing Snapshot
Days Online
25
Last Updated
Property Type
Quadruplex
Lot Size
0.22 Acres
Year Built
1973
MLS Number
2987656
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Tony Casados
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