2904-2906 Straus Lane

Colorado Springs, CO 80907

Incomes Property  $930,000  Sold

03-28-2019 02:07pm

Property Description

Set against the backdrop of the breathtaking Pikes Peak, overlooking the entire downtown, Those two fourplex totaling 8 units are tranquil escape from the bustle of the city. These apartments are tucked away in a quiet residential neighborhood yet only less than a mile away from shopping, dining, schools and entertainment and only 3 blocks away from the I-25. Cliffs Apartments on the Westside provide fireplace, privately fenced backyard,fully equipped kitchen, elegant tile or wood floor, plush carpeting and private balconies and patios. Additional features include in-unit washer/dryer hookup and wifi. Please visit our photo gallery to experience how pleasant life will be residing at The Cliffs Apartment Westside.

Listing Details

MLS#
2027845
MLS Originator
REcolorado (Denver)
Off Market Date
02-13-2019 12:00am
Original Price
$1,000,000
Nearby Attraction
Adjacent to Open Space

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
03-28-2019 02:07pm
Bedrooms
16
Bathrooms
8
SqFt
6000
Year Built
1983
Der PSF Total
155.00

Map

Property Level and Sizes

SqFt Lot
11069.00
SqFt Finished
6000
SqFt Above
6000

Financial Details

Sold Price
$930,000
Previous Year Tax
$1,008
Terms and Conditions
Cash, Conventional
Transaction Type
For Sale

Interior Details

Interior Features
Eating Space / Kitchen
Appliances
Dishwasher, Disposal, Dryer, Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet, Vinyl/Linoleum
Cooling
Other
Heating
Baseboard
Heating Fuel
Electric
Fireplaces Features
Electric

Room Details

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

Exterior Details

General
Adjacent to Open Space
Features
Covered Deck, Front Porch
Base Size
None
Parking Spaces
2
Vehicle Spaces
24
Type
# of Space
L x W
Description
Parking Lot
12
-
Parking Lot
12
-
Lot View
City View

Exterior Construction

Building Type
Quadplex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Wood Siding
Exterior Features
Covered Deck, Front Porch
Construction Method
Frame

Schools

School District
Colorado Springs 11
Elementary School
Jackson
Middle School
Holmes
High School
Coronado

Condominium Projections

Annual Actual Expenses
6820
Annual Projected Expenses
6820
Annual Actual Income
60048
Annual Projected Income
64846
Annual Actual Net Income
53228
Annual Projected Net Income
58026
Unit Furnished
0

Land Details

PPA
3720000.00
Lot Width
0.00
Road Surface
Paved Road

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