Skip To Content

4230 Forrest Hill Road

Colorado Springs, CO 80907
  • $715,000
  • STATUS: Closed
  • ON SITE: 263 Days
  • ID#: 7551461
Sold - 03/08/2024
$715,000
SOLD - 03/08/2024
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Colorado Home Realty: 719-204-5078.

Description

Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This cute and updated 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!

Monthly Payment Calculator



Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-07-19T23:41:38.93.
www.tarynsimental.com/homes/144831460
Print Image

4230 Forrest Hill Road Colorado Springs, CO 80907

  • Price: $775,000
  • Status: Closed
  • On Site: 263 Days
  • ID#: 7551461
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1970
Built
Neighborhood:
Holland Park
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This cute and updated 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!
Exterior Features

Fence None Foundation Details Garden Level Lot Size 8025.0000 Lot Size Units SqFt Parking Spaces Number Of 7 Roof Composite Shingle Siding BrickMasonite TypeWood Structure Frame

Interior Features

Appliances DishwasherDisposalMicrowave OvenOvenRefrigerator Cooling Ceiling Fan(s)NoneWall Unit(s) Fireplace Description None Heating Hot WaterNatural GasRadiant Laundry Facilities Common Unit Total Baths 4 Unit Total Beds 8

Property Features

Earnest Money 8000 Income Property Sub Type Fourplex Notices Established Rental HistoryNot Applicable Tax Amount 1888.02 Tax Year 2022 Unit Count 4 Utilities Cable AvailableElectricity ConnectedNatural Gas Water Municipal



Pikes Peak Multiple Listing Service logo Simental Homes | The Cutting Edge, Realtors- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-07-19T23:41:38.93.
 
https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_7551461-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_7551461-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_2_7551461-2.jpg
Logo
Simental Homes | The Cutting Edge, Realtors
5881 N Academy Blvd
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Colorado Home Realty: 719-204-5078.