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!
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
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