2904-2906 Straus Lane

Colorado Springs, CO 80907

Incomes Property  $1,000,000  Under Contract

02-14-2019 08:03am

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.

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
Income
Property Subtype
Income
Under Contract
Status Conditions
None Known
Last Update
02-14-2019 08:03am
Bedrooms
16
Bathrooms
8
SqFt
6000
Year Built
1983
Der PSF Total
166.67

SqFt Lot
11069.00
SqFt Finished
6000
SqFt Above
6000

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

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

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

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

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

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

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

PPA
4000000.00
Lot Width
0.00
Road Surface
Paved Road

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