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Sold for $550,000 on 12/27/23
  • $550,000

    627 Alexander Rd, Colorado Springs, CO 80909

    2beds
    2baths
    1,030sqft
    Duplex
    Built in 1927
    -- sqft lot
    $450,300 Zestimate®
    $534/sqft
    $1,298 Estimated rent

    Home value

    $450,300

    $410,000 - $491,000

    $1,298/mo

    Zestimate® history
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    $1,298/mo

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    $1,298/mo

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    $2,984/mo

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    $2,984/mo

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    What's special

    Investment excellence awaits with this fully furnished and professionally managed duplex, tailored for short-term rentals with excellent STR rental income history. Each 1 bed, 1 bath unit spans 515 sq/ft and accommodates 4 guests, maximizing your rental potential. Private backyards, complete with hot tubs, fire pits, and BBQ grills, elevate the guest experience. The low-maintenance exterior, featuring turf and xeriscaped rock, ensures minimal upkeep. Recent upgrades include new electrical services, panels, wiring, plumbing, and a new roof, guaranteeing long-term durability. Units have been completely remodeled inside and offer low maintenance finishes and durability. Individual laundry in each unit adds a sought-after convenience. With new furnishings, fixtures, and supplies, this property offers a turnkey investment right away with bookings into next year. King-sized beds enhance guest satisfaction, while comprehensive inclusions simplify ownership. Seize the opportunity to own a fully occupied, fully managed, hassle-free investment property primed for success. Ask about how to obtain non owner occupied STR permits for this property.

    Zillow last checked: 8 hours ago

    Listing updated: December 27, 2023 at 10:20am

    Listed by:

    Charlie Peace 719-502-1827,

    Equity Colorado Real Estate

    Bought with:

    Non Member

    Non Member

    Source: Pikes Peak MLS,MLS#: 6800297MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Other, See Prop Desc Remarks, Wall Furnace
    Cooling
    • See Prop Desc Remarks, Wall Unit(s)
    Appliances
    • Included: 220v in Kitchen, Dishwasher, Disposal, Dryer, Indoor Grill, Exhaust Fan, Microwave, Refrigerator, Washer
    • Laundry: Electric Hook-up
    Interior area
    • Total interior livable area: 1,030 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Fencing: Full
    Lot
    • Size: 5,290 sqft
    Details
    • Parcel number: 6409409013

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • Year built: 1927

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Colorado Springs

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/27/2023Sold$550,000$534/sqft
    Source: Pikes Peak MLS #6800297 Report a problem
    11/28/2023Listed for sale$550,000+34.1%$534/sqft
    Source: Pikes Peak MLS #6800297 Report a problem
    2/10/2023Sold$410,000+28.1%$398/sqft
    Source: Public Record Report a problem
    4/7/2022Sold$320,000-5.9%$311/sqft
    Source: Public Record Report a problem
    2/28/2022Listed for sale$339,900-5.6%$330/sqft
    Source: Pikes Peak MLS #8112083 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$727 -6.4%$19,400
    2023$776 -7.8%$19,400 +39.9%
    2022$842 $13,870 -2.8%

    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    Nearby schools

    GreatSchools rating
    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

    $450,300

    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

    $450,300