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4240 Loomis Avenue

Colorado Springs, CO 80906
  • $610,000
  • STATUS: Pending
  • ON SITE: 87 Days
  • MLS #: 3474035
Under Contract
UPDATED: 23 min ago
$610,000
  • 10
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,891
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Resident Realty Colorado.

Description

6.7% CAP Rate. Great Investment Opportunity. This four-plex has no HOA and was completely remodeled in 2011 with new kitchens, including dishwashers/microwaves and refrigerators. Bathrooms have also been redone as well as new carpet/tile/paint/trim/doors and windows. Additionally, a new composite shingle roof was installed in 2016. Property has been well maintained and recent 2021 renovations include new light fixtures, doors, updated appliances, as well as new carpet and paint in three out of four units. This property is close to Ft. Carson and PPCC. Stays rented consistently, don't miss this excellent investment opportunity!

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Nixon Team | RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.thenixonteam.com/homes/119624189
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4240 Loomis Avenue Colorado Springs, CO 80906

  • Price: $610,000
  • Status: Pending
  • Updated: 23 min ago
  • MLS #: 3474035
10
Beds
4
Baths
0
½ Baths
0.23
Acres
3,891
SQFT
$157
$/SQFT
1971
Built
Neighborhood:
Stratmoor
County:
El Paso
Area:
Colorado Springs
Elementary School:
STRATMOOR HILLS
Middle School:
FOX MEADOW
High School:
HARRISON
School District:
Harrison 2
Property Description
6.7% CAP Rate. Great Investment Opportunity. This four-plex has no HOA and was completely remodeled in 2011 with new kitchens, including dishwashers/microwaves and refrigerators. Bathrooms have also been redone as well as new carpet/tile/paint/trim/doors and windows. Additionally, a new composite shingle roof was installed in 2016. Property has been well maintained and recent 2021 renovations include new light fixtures, doors, updated appliances, as well as new carpet and paint in three out of four units. This property is close to Ft. Carson and PPCC. Stays rented consistently, don't miss this excellent investment opportunity!
Exterior Features

Architectural Style Mid-Century Modern Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Balcony Garage YN No Lot Size Area 0.23 Lot Size Square Feet 10182 Parking Features Driveway Parking Total 6 Patio And Porch Features PatioBalcony Roof Composition Structure Type Quadruplex

Interior Features

Appliances DishwasherDisposalMicrowaveOvenRefrigerator Basement YN No Entry Level 1 Entry Location Exterior Access Flooring Carpet Heating Hot Water Heating YN Yes Interior Features Smoke Free Laundry Features Common Area Levels Two Living Area Sq Ft 3891

Property Features

Above Grade Finished Area 3891 Association YN No Building Area Source Public Records Construction Materials BrickFrameWood Siding Contingency None Known Exclusions Personal PropertyTenant Property. Home Warranty YN No Listing Terms CashConventional1031 ExchangeFhaVa Loan Ownership Agent Owner Possession Closing Property Condition Updated/Remodeled Property Sub Type Quadruplex Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Community/Coop Sewer Special Listing Conditions None Tax Annual Amount 1752 Tax Year 2020 Utilities Electricity Connected Water Source Public Zoning Rm-30

Listing courtesy of Resident Realty Colorado: MLS #3474035


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Nixon Team | RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Nixon Team | RE/MAX Alliance
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Offered by Resident Realty Colorado.