4332 Ericson Drive

Colorado Springs, CO 80906

Incomes Property  $353,500  Sold

01-20-2017 04:41pm

All units have been renovated in last year, new roof and stucco within last 18 months, newer windows. Each unit has kitchen appliances and washer/dryer included. Fenced yards and front parking lot for units. Lots of potential upward mobility in rents on lease renewal. Tenants pay gas and electric directly, two tenants pay water/sewer/trash with rent.

MLS#
8362878
MLS Originator
REcolorado (Denver)
Off Market Date
12-03-2016 12:00am
Original Price
$359,000

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
01-20-2017 04:41pm
Bedrooms
8
Bathrooms
4
SqFt
2955
Year Built
1969
Der PSF Total
119.63

SqFt Lot
6930.00
SqFt Finished
2955
SqFt Above
2955

Sold Price
$353,500
Previous Year Tax
$770
Terms and Conditions
Cash, Conventional, FHA, VA
Owner Paid Utilities
Water,Other,Trash
Transaction Type
For Sale

Interior Features
Double Pane Windows, Eating Space / Kitchen, Remodeled, Updated, Window Coverings
Appliances
Disposal, Dryer, Microwave Oven, Refrigerator (Kitchen), Stove/Range/Oven, Washer
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
Washer/Dryer Included,W/D Hookups in Unit

Features
Fence
Base Size
None
Parking Spaces
1
Vehicle Spaces
6
Type
# of Space
L x W
Description
Off-Street
6
-

Building Type
Quadplex (all units)
Structure
Ranch/1 Story
Roof
Rolled Roofing
Construction
Stucco
Architectural Style
Spanish/SW
Exterior Features
Fence
Construction Method
Frame
Builder Source
County Records

School District
Harrison 2
High School
Harrison

Annual Actual Expenses
5086
Annual Projected Expenses
5086
Annual Actual Income
36900
Annual Projected Income
41280
Annual Actual Net Income
31814
Annual Projected Net Income
36194
Unit Furnished
0

PPA
2209375.00
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 4332 Ericson Drive, Colorado Springs, CO 80906
- Property Type: Incomes Property, 8 beds, 4 baths, 2955 SqFT
- Sold Price: $353,500
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$372,900 (1)
$372,900 (1)
$361,400 (2)
$349,575 (4)
Area 2 (1-2 miles)
$372,900 (1)
$372,900 (1)
$361,400 (2)
$349,575 (4)
Area 3 (2-3 miles)
$372,900 (1)
$372,900 (1)
$361,400 (2)
$349,575 (4)
Area 4 (3-5 miles)
$372,900 (1)
$372,900 (1)
$361,400 (2)
$349,575 (4)

executed in 1.582 sec.