Active
1617 N Chestnut Street
Colorado Springs CO, 80907
$999,050
Active
Multi-family
Built in 1919
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.
1231214
MLSⓇ ID
September 6, 2024
Listed
December 20, 2024
Updated
Map
1617 N Chestnut Street
Colorado Springs CO, 80907
Interior Features
Fireplace
Yes
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Hot Water
Exterior/Building Features
Lot Size
0.4 Acres
Roof
Shingle
School Information
School District
Colorado Springs 11
Other Property Details
Taxes
$2,640
Tax Frequency
Annually
Garage
No
View
No
County
El Paso
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/2/2024 | Price change | $999,050 -9% |
10/17/2024 | Price change | $1,095,000 -5% |
Listed by Shawn Keehn CRS PSA, Coldwell Banker 1st Choice Realty
Listing Contact: 7196870900
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Data Last Updated: 12/20/2024
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