Colorado Springs, CO 80909,417-419 Swope AVE
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Colorado Springs, CO 80909,417-419 Swope AVE
Colorado Springs, CO 80909,417-419 Swope AVE
Colorado Springs, CO 80909,417-419 Swope AVE
Colorado Springs, CO 80909,417-419 Swope AVE

$720,000

Est. payment /mo

$730,000

1.4%
Est.Price: ?

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417-419 Swope AVE Colorado Springs, CO 80909

8 Beds

8 Baths

3,200 SqFt

SOLD DATE : 09/18/2024

Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $225

Subdivision Colorado Springs

MLS Listing ID 6405298

Sold Date 09/18/24

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 1985

Annual Tax Amount $1,396

Tax Year 2022

Property Description

Cushman & Wakefield is pleased to present 417 & 419 Swope Ave in Colorado Springs Colorado. This is a central Colorado Springs 4-unit property, comprised of two duplexes on one lot. Located next to the US Olympic Training Center and Memorial Park, it offers residents short access to everything Colorado Springs has to offer. The well-maintained complex offers a rare and desirable mix of four 2-bedroom and 2-bathroom units, offering an attractive investment with predictable in-place returns. The owner has completed significant capital improvements including full renovations in three of the four units. Each unit is over 800 sq ft. and features two master bedrooms with ensuite bathrooms on either side of a large living room, also boasting in-unit washer and dryer hookups. The unique unit mix offers opportunity to a wide variety of tenants with off street parking and easy access to many of Colorado Springs major employers. There is still the value upside of renovating the final unit and getting all four units up to market rate rent, allowing potential investors to capitalize on increasing NOI.

Location

State CO

County El Paso

Zoning R4

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Roof Type Architecural Shingle

Total Parking Spaces 6

Garage No

Building

Story Two

Sewer Public Sewer

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Monroe

Middle Schools Holmes

High Schools Mitchell

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Cushman & Wakefield • [email protected],719-238-9074
Bought with Cushman & Wakefield

Colin Whitenack

+1(303) 912-5394

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