2010 Wooten Lane

Colorado Springs, CO 80915

Incomes Property  $208,000  Sold

04-11-2018 09:25am

Investor special. This seller will lease back the property for $1500/mo for one year. Also, he will re-finish the rear deck (facing the open space), and the basement, adding a bedroom. The property is priced per present condition, though the tenant improvements will produce a value in one year in the $245-250K range. Built in tenant, cash flow, and fix-up! (This seller is a licensed contractor, he is qualified to do the work.)

MLS#
7509437
MLS Originator
REcolorado (Denver)
Off Market Date
02-20-2018 12:00am
Original Price
$220,000
Nearby Attraction
Adjacent to Open Space, Cul-de-Sac

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
04-11-2018 09:25am
Bedrooms
3
Bathrooms
2
SqFt
1692
Year Built
1969
Der PSF Total
122.93

SqFt Lot
10700.00
SqFt Finished
1692
SqFt Basement
438
SqFt Above
1101

Sold Price
$208,000
Previous Year Tax
$722
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
None
Transaction Type
For Sale

Interior Features
Built-Ins, Eating Space / Kitchen, Heated Basement, Internet Access (Wired), Window Coverings
Appliances
Cook Top, Dishwasher, Disposal, Dryer, Freezer, Microwave Oven, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven, Washer
Flooring
Carpet, Tile Floor
Cooling
None
Heating
Forced Air
Heating Fuel
Gas
Fireplaces Features
Wood

Laundry Availability
Washer/Dryer Included

General
Adjacent to Open Space, Cul-de-Sac
Features
Deck, Fence, Yard
Base Type
Garden Level
Base Finished
Yes
Base Floor Plan
Concrete Wall
Base Size
Partial
Basement Finished %
100
Parking Spaces
1
Parking Features
Driveway-Concrete
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Attached)
2
-

Structure
Multi-Level
Roof
Composition Shingles
Construction
Wood Siding
Architectural Style
Contemporary
Exterior Features
Deck, Fence, Yard
Construction Method
Frame
Builder Source
County Records

School District
Colorado Springs 11
Elementary School
Henry
Middle School
Swigert
High School
Mitchell

Annual Actual Expenses
3326
Annual Projected Expenses
3326
Annual Actual Income
18000
Annual Projected Income
18000
Annual Actual Net Income
14674
Annual Projected Net Income
14674
Unit Furnished
0

PPA
832000.00
Lot Width
0.00
Road Surface
Paved Road

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