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Off market
  • $565,700

    1011 Mazatlan Circle, Colorado Springs, CO 80910

    8beds
    4baths
    2,982sqft
    Income
    Built in 1984
    9,147 Square Feet Lot
    $565,700 Zestimate®
    $190/sqft
    $2,362 Estimated rent

    What's special

    Beautifully updated fourplex with strong rental income, excellent cash flow, long-term occupancy and a convenient location near military bases, Valley High Golf Course, and bus lines. Spacious 2-bedroom units have private decks/patios, fenced yards, tiled fireplaces, stackable washers and dryers, kitchen appliances, ample off-street parking, and sweeping Pikes Peak and Front Range views. Unit upgrades include new commercial grade laminate flooring, refinished kitchen cabinetry and countertops (3 units), newer water heaters, low-E vinyl windows and patio doors, and new interior paint (2 units). Tenants pay gas and electricity; owner pays water/sewer and trash. Three of the four units are rented owner could live in the fourth unit. Don't miss this excellent moneymaker and investment opportunity!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced air, Gas
    Features
    • Updated, Eating Space / Kitchen, Window Coverings, Remodeled
    • Flooring: Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,982 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 9,147 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Income
    Materials
    • Roof: Composition
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Colorado Springs

    Other

    Other facts
    • Property Sub Type: Income
    • Property Type: Income
    • Cooling: Ceiling Fan
    • Structural Style: Multi-Story
    • Exterior Features: Fence, Balcony, Dog Run
    • Unit Access: Exterior Access
    • Construction Materials: Wood Siding
    • Construction Methods: Frame
    • Interior Features: Updated, Eating Space / Kitchen, Window Coverings, Remodeled
    • Building Type: Quadplex (all units)
    • School District: Harrison 2
    • Reports Available: Profit/Loss Statement, Leases, Property Disclosure
    Services availability
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    Estimated market value

    $565,700