Homes for sale - 1020 Chiricahua LOOP, Colorado Springs, CO 80915

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Lawrence Clinton Porter

clinton@coloradovistas.com +1(720) 876-8544

$700,000

Est. payment - /mo

9,800 Sqft Lot

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UPDATED:

02/05/2025 06:20 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 8171700

HOA Y/N No

Year Built 1973

Annual Tax Amount $3,242

Tax Year 2023

Lot Size 9,800 Sqft

Property Sub-Type Fourplex

Property Description

Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.

Location

State CO

County El Paso

Area Cimarron Hills

Interior

Cooling None

Fireplaces Number 1

Fireplaces Type None

Laundry Coin, Electric Hook-up

Exterior

Garage Spaces 10.0

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Foundation Garden Level

Water Municipal

Structure Type Framed on Lot,Frame

Schools

School District Colorado Springs 11

Others

Special Listing Condition Established Rental History

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Listed by HomeSmart

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Lawrence Clinton Porter

+1(720) 876-8544

Broker Associate | License ID: FA100029350

Broker Associate License ID: FA100029350

1020 Chiricahua LOOP Colorado Springs, CO 80915

Lawrence Clinton Porter

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1020 Chiricahua LOOP