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Breeyan Edwards

breeyan@firstcoloradorealty.com +1(970) 646-6555

$ 638,767

Est. payment | -/mo

8 Beds

4 Baths

3,240 SqFt

Save

$ 638,767

Est. payment | -/mo

Save

8 Beds

4 Baths

3,240 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,240 sqft

Subdivision Gahart

MLS Listing ID IRE6526966

Bedrooms 8

HOA Y/N No

Year Built 1972

Annual Tax Amount $2,242

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Source ires

Property Description

Excellent investment opportunity with a strong income history and extensive recent improvements! This well-maintained multifamily property offers an attractive combination of established rental performance, updated interiors, and major system upgrades-making it a compelling addition to any rental portfolio. All units have undergone kitchen and bathroom remodels within the last two years, along with new flooring and additional interior updates that provide a clean, modern feel while helping minimize near-term capital expenses. Kitchens feature updated cabinetry, countertops, appliances and finishes, while refreshed bathrooms and durable flooring create comfortable, appealing living spaces for tenants. Major property improvements include a newer roof and boiler, adding even more value and peace of mind for the next owner. The functional unit layouts offer comfortable living areas, well-equipped kitchens and abundant natural light. Several units also enjoy access to private or semi-private decks, providing valuable outdoor living space that tenants will appreciate. Outside, the property offers fenced backyard space with mature trees and room for residents to enjoy the outdoors. Off-street parking provides additional convenience. With a proven income history, substantial renovations already completed, and major building systems recently updated, this property offers an excellent opportunity for an investor looking for a stabilized multifamily asset with reduced immediate maintenance and renovation needs. Conveniently located near shopping, dining, employment, schools and major transportation routes, the property is positioned for continued rental demand. Whether you're expanding an existing portfolio or looking for a strong income-producing property, this is an opportunity you won't want to miss. Schedule your showing today!

Location

State CO

County El Paso

Community Gahart

Area Out Of Area

Zoning R-5 AO

Direction from Airport, North on Vehr, property is on the left

Interior

Heating Hot Water, Baseboard

Cooling Wall/Window Unit(s)

Appliance Refrigerator

Exterior

Parking Features Off Street

Garage Spaces 8.0

Fence Partial

Community Features Community Laundry

Utilities Available Master Meter-Gas, Separate Meter Electricity

View Y/N No

Roof Type Rubber

Porch Patio, Deck

Garage Yes

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Brick,Stucco,Concrete

New Construction false

Schools

Elementary Schools Roosevelt-Edison Charter School

Middle Schools Swigert

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Information and Real Estate Services (IRES)

Listed by Aaron Moore

NEARBY SCHOOL & BUSINESS

+1(970) 646-6555

breeyan@firstcoloradorealty.com

523 St Vrain Ln, Estes Park, CO 80517, USA

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330 Vehr Colorado Springs, CO 80916