Sold for $715,000
$715,000
4230 Forrest Hill Rd, Colorado Springs, CO 80907
8beds
4baths
2,808sqft
Quadruplex
Built in 1970
-- sqft lot
$716,900 Zestimate®
$255/sqft
$1,319 Estimated rent
Home value
$716,900
$674,000 - $760,000
$1,319/mo
Zestimate® history
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Owner options
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What's special
Don't miss out on this incredible investment opportunity in the highly sought-after west-side neighborhood of Holland Park. This cute and updated 4-plex income property is now available for sale. Three out of the four units are rented, making it a turnkey investment. This cute and updated 4-plex offers a total of 2,808 square feet and was built in 1970, ensuring solid construction and lasting quality. Your tenants will appreciate the ample parking space both in the back and on the street. Clear assigned parking placards are included, ensuring convenience for all residents. Unit Features: Each of the four units offers 2 bedrooms and 1 full bath, as well as a good-sized living room and an open kitchen. Many of the units have received updates to their kitchens and bathrooms, ensuring a modern and comfortable living experience. The property boasts vinyl windows, a newer composite shingle roof, and a near-new boiler system, saving you on maintenance costs. Ceiling fans provide added comfort, and all kitchen appliances are included, making it an attractive rental option. Tenants pay for all utilities, which simplifies the property management process. The common laundry room with a clothes washer and dryer is included with the rent but can also serve as an additional income source for the owner. This property is ideally situated on the west side, making it a highly desirable location. Residents have easy access to prominent landmarks such as Garden of the Gods, Old Colorado City, Downtown Colorado Springs, the UCCS campus, and I-25, which offers convenient travel options to both the north and south. Whether you're a seasoned investor or just starting in the real estate market, this 4-plex offers both stability and growth potential. The strong rental history and well-maintained features make it a must-see property. Contact us today to seize this amazing investment opportunity in Holland Park before it's gone!
Zillow last checked: 8 hours ago
Listing updated: March 08, 2024 at 10:18am
Listed by:
Jeanne Guischard CDPE GRI MRP SRES 719-440-2872,
Compass
Bought with:
Max Ferguson
Fathom Realty Colorado LLC
Source: Pikes Peak MLS,MLS#: 7551461
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water, Natural Gas, Radiant
Cooling
- Ceiling Fan(s), None, Wall Unit(s)
Appliances
- Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,808 sqft
Property
Parking
- Total spaces: 7
Features
- Fencing: None
Lot
- Size: 8,025 sqft
Details
- Parcel number: 7325208022
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Masonite, Wood Siding
- Foundation: Garden Level
- Roof: Composite Shingle
Condition
- Year built: 1970
Utilities & green energy
- Water: Municipal
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $715,000-7.7%$255/sqft |
Source: | ||
| 2/12/2024 | Contingent | $775,000$276/sqft |
Source: | ||
| 2/12/2024 | Pending sale | $775,000$276/sqft |
Source: | ||
| 1/31/2024 | Price change | $775,000-3.1%$276/sqft |
Source: | ||
| 11/22/2023 | Price change | $799,900-1.9%$285/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,773 +152.8% | $47,250 |
| 2023 | $1,888 -9.8% | $47,250 +40% |
| 2022 | $2,094 | $33,740 -4.9% |
Find assessor info on the county website
Neighborhood: West Colorado Springs
Nearby schools
GreatSchools rating
- 6/10Jackson Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Holmes Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Coronado High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Colorado Springs 11
Source: Pikes Peak MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$716,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$716,900


