Property Description

Solid income-producing 4-plex in Colorado Springs with three of four units occupied and a freshly updated vacant unit ready for immediate lease-up or for a house-hacker looking to occupy a unit themselves. The property features two 2BD/1BA units and two 3BD/1BA units in an up/down configuration, with upper-level and garden-level layouts offering natural tenant variety and stable demand across unit sizes. Unit 3 has just been turned with new carpet, fresh paint, and light repairs — move-in ready and primed to generate cash flow from day one. The remaining three units are occupied, providing an income base while you fill the fourth. Exterior features mature trees, xeriscaped front yard, storage closets for each unit, separate shared laundry room, and off-street parking in the rear — a practical amenity for tenants without the maintenance overhead of a garage. The building presents well with stucco construction and a clean curb appeal for the price point. Interiors reflect functional, rentable finishes throughout: tile flooring in kitchens and baths, electric range/oven, full-size refrigerators, tub/shower combos, and ample cabinet storage.

Property Features