38
$1,150,000
8 Bed
5 Bath
3,802 Sqft
0.40 Acre Lot

1617 Chestnut Street, Colorado Springs, Colorado 80907

map-entry
  • Residential Income Property Type
  • 3,802 Sqft Square Footage
  • 1919 Year Built
Property Description

Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45′ RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

Basic Details
Residential Income
For Sale
9011885
$1,150,000
8
5
0
3,802 Sqft
1919
0.40 Acre
Active
Quadplex
Features
: Hot Water
: Finished, Full
: Full
: Composition
: Ceiling Fan(s)
Appliances
: Dishwasher, Refrigerator, Dryer, Washer, Oven, Range
Address Map
US
CO
El Paso
Colorado Springs
80907
Chestnut
1617
Street
0
W105° 9' 52.2''
N38° 51' 26.6''
Neighborhood
Bristol
Coronado
North
Additional Information
$0
$0
1 Common Wall
$0
: Stucco
From I25, head west on Centeninial blvd exit, left on N. Chestnut
Colorado Springs 11
$0
Colorado Springs 11
Yes
$0
(719) 687-0900
: Corner Lot, Level
17424
$0
REcolorado
7401408015
1
06/09/2024 16:00:16
38
Public Sewer
Quadruplex
$2,640
2023
$0
$0
1617 N Chestnut Street, Colorado Springs, Colorado
: Electricity Connected, Natural Gas Connected
$0
Public
R2, UV
Agent info
Adam Sessions
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The data relating to real estate for sale on this website comes in part from the REColorado. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.

The IDX display presents information sourced from Information and Real Estate Services, LLC (IRES). The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. ©2024 Information and Real Estate Services, LLC (IRES) all rights reserved.

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