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Linette Nye Schmidt

linette@exitsilverthread.com +1(719) 588-1636

$ 672,500

Est. payment -/mo

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Price Dropped by $2K

4025 Ruskin WAY Colorado Springs, CO 80910

8 Beds

4 Baths

3,832 SqFt

UPDATED:

10/31/2024 12:02 AM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,832 sqft

Price per Sqft $175

Subdivision Ruskin Square

MLS Listing ID 7975232

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 1972

Annual Tax Amount $1,751

Tax Year 2022

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!

Location

State CO

County El Paso

Zoning R5 AO

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Appliance Oven, Range, Refrigerator

Laundry Common Area

Exterior

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Story Multi/Split

Sewer Public Sewer

Level or Stories Multi/Split

Structure Type Brick,Frame,Stucco

Schools

Elementary Schools Monroe

Middle Schools Swigert

High Schools Mitchell

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

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

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

Special Listing Condition None

Listed by Your Castle Real Estate Inc • jon@homewithimpact.com,303-775-8744

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

Linette Nye Schmidt

4025 Ruskin WAY Colorado Springs, CO 80910

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4025 Ruskin WAY