3685 Michigan Avenue, Colorado Springs, CO 80910

  • 7 BedBeds
  • 4 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • 0 3/4 Baths
  • 3,128 Sqft
  • Commercial
  • Sold
  • MLS# 1792947
  • mls board disclosure Nicholas Scott Real Estate
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$194,350

  • Price Reduced

Property Description3685 Michigan Avenue, Colorado Springs, CO 80910


Updated fourplex with excellent cash flow/rental income in centrally located Park Hill. 100% current occupancy, and units consistently rented. All units have been updated and are very well-maintained. An on-site common laundry area provides additional income. Upgrades in units include refinished kitchen cabinetry, new interior paint, new doors, new kitchen appliances, new verticals, and new carpet/flooring. Fourplex building features include low maintenance brick exterior, fenced courtyard, off-street parking for residents, mature landscaping/xeriscaping, remodeled common laundry area, and a recently resealed roof. Owners also own can own a second fourplex on the same street, and will consider including both as a package. Excellent moneymaker and investment opportunity.

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Property Details3685 Michigan Avenue, Colorado Springs, CO 80910

Listing courtesy of: Nicholas Scott Real Estate

General Features

Style  Ranch/1 Story
Baths  4
Year Built  1969
Beds  7
Finished Sq. Ft.  3128
Lot Size  0.2000

Interior Features

Square Footage Above approx  3128
Heating  Forced Air
Flooring  Carpet, Vinyl/Linoleum
Cooling Description  None
Additional Interior Features  Cable Available, Eating Space / Kitchen, Internet Access (Wired), Updated

Exterior / Lot Features

Exterior  Fence, Patio, Yard
ZONING  R-5

Schools

School District  Colorado Springs 11
Elementary  Monroe
Middle  Swigert
High  Mitchell

Financial Considerations

Tax Amount  $80800
Tax Year  808

Directions

From Academy go west on Airport. North on University. West on Michigan. Property is located on the corner of Michigan and University.

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Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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mls board disclosure

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. [more]

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