Colorado Springs, CO 80910,1850 Monterey RD
Colorado Springs, CO 80910,1850 Monterey RD
Colorado Springs, CO 80910,1850 Monterey RD
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$475,000
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4,016 SqFt
Pending

1850 Monterey RD Colorado Springs, CO 80910

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Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,016 sqft

Price per Sqft $118

Subdivision Shenandoah

MLS Listing ID 1922433

HOA Y/N No

Abv Grd Liv Area 4,016

Originating Board recolorado

Year Built 1984

Annual Tax Amount $1,961

Tax Year 2023

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Quadplex

Property Description

Great investment opportunity! Amazing value add 4-plex property, being sold at a discounted price. Large townhome units, all with two beds and two baths. All units have washer/dryer hook ups. Ample parking. Fully occupied with three month to month leases and the fourth lease expiring in October 2025. Hurry, this is a great deal and it won't last long! This property is being sold as-is and is ready for some TLC and good management. If properly updated & maintained - rents could be potentially doubled. Convenient access to I-25 & military bases.

Location

State CO

County El Paso

Zoning R5

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Laundry In Unit

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 12

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Frame,Stucco,Wood Siding

Schools

Elementary Schools Pikes Peak

Middle Schools Carmel

High Schools Harrison

School District Harrison 2

Others

Senior Community No

Ownership Estate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Finch & Gable Real Estate Company • team@finchandgable.com

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agent

Gary Davis

Broker Associate | License ID: 317958

+1(303) 910-7826

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1850 Monterey RD