OPEN HOUSE AUGUST 4th 1-3pm
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Welcome to your next 4-unit rental property! This south-facing gem is bathed in natural light and offers ample room for growth. Perfectly suited for both first-time investors and seasoned professionals looking to expand their portfolio, 4414 N Chestnut has a strong rental history and has been well maintained.
This versatile property can serve as a pure investment, enhancing your portfolio, or you can take advantage of residential financing to live in one of the units while upgrading the others. Enjoy the benefits of steady rent increases over time, or convert these units to meet the high demand for medium-term rentals in the Springs.
Located within walking and driving distance of shops, amenities, and major hospitals, this property is a phenomenal investment opportunity. Don’t miss out on this fantastic chance to own a highly desirable rental property.
100% occupied
*interior pictures have been professionally virtually staged
Sold for $700,000 on 09/30/24
$700,000
4414 N Chestnut Street, Colorado Springs, CO 80907
6beds
4baths
2,764sqft
Quadruplex
Built in 1967
-- sqft lot
$678,500 Zestimate®
$253/sqft
$1,704 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 30, 2024 at 03:39pm
Listed by:
David Miller 917-750-2178 david.miller@realatlas.com,
Atlas Real Estate Group
Bought with:
Lana Rodriguez, 100053097
Real Broker, LLC DBA Real
Source: REcolorado,MLS#: 5292542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Has cooling: Yes
Features
- Has basement: No
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
- Finished area above ground: 2,764
Property
Parking
- Total spaces: 6
- Parking features: Asphalt
- Details: Off Street Spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
Lot
- Size: 8,135 sqft
Details
- Parcel number: 7325108042
- Zoning: R5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Electricity Not Available, Natural Gas Available, Natural Gas Connected
Community & neighborhood
Location
- Region: Colorado Springs
- Subdivision: Holland Park Sub 2
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA
- Ownership: Agent Owner
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Estimated market value
$678,500