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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 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!

Overview

Property Status
Sold
Lot Size
8,025 Sq.Ft.
MLS ID
8426922
Property Type
Multi-Family
Year Built
1970

Features & Amenities

Total Area
2,808 Sq.Ft.
Stories
2
Water Source
Public
Utilites
Cable Available, Electricity Available, Natural Gas Available
Roof
Composition
Heat Type
Hot Water, Natural Gas, Radiant
Air Conditioning
Air Conditioning-Room, None
Other Interior Features
Ceiling Fan(s)
Sewer
Public Sewer
Substructure
Slab
Elementary School
Jackson
Middle School
Holmes
High School
Coronado
School District
Colorado Springs 11
Sales Price
$715,000
Real Estate Tax
$1,888/yr
Zoning
R4

Downloads

4230 Forrest Hill Road

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 4230 Forrest Hill Road, Colorado Springs, CO 80907

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