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Sold for $962,000 on 02/28/25
  • $962,000

    1617 N Chestnut St, Colorado Springs, CO 80907

    8beds
    5baths
    3,802sqft
    Quadruplex
    Built in 1919
    -- sqft lot
    $489,400 Zestimate®
    $253/sqft
    $1,869 Estimated rent

    Owner options

    List your home for rent

    $1,869/mo

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    $1,869/mo

    Rent Zestimate®

    Refinance and save

    $5,264/mo

    Est. payment

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    $5,264/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: February 28, 2025 at 08:37am

    Listed by:

    Shawn Keehn CRS PSA 719-439-1651,

    Coldwell Banker 1st Choice Realty

    Bought with:

    Non Member

    Non Member

    Source: Pikes Peak MLS,MLS#: 1231214MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Hot Water
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
    • Laundry: Electric Hook-up
    Features
    • Basement: Full
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 3,802 sqft

    Property

    Features
    • Fencing: Full
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 7401408015

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    • Roof: Composite Shingle
    Condition
    • Year built: 1919

    Utilities & green energy

    • Water: Municipal

    Community & neighborhood

    Location
    • Region: Colorado Springs

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
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    Estimated market value
    $489,400