4201 Date Street

Colorado Springs, CO 80917

Incomes Property  $325,000  Active

07-06-2017 03:23pm

Excellent investment opportunity for strong rental income or Airbnb/VRBO! Newly designed duplex on a large treed lot in a well-kept multi-family neighborhood, near the tremendous growth of UCCS. Zoned RM30 for multi-family use, this property has drawn plans for conversion to 2 spacious duplex units, including new kitchens and appliances, hardwood-laminate flooring, new carpet, custom paint, A/C, new windows and new roof. Units have good separation with front and rear access, off-street parking for 4+ cars, beautiful Pikes Peak views, private water supply not tied to city water, and a large fenced rear yard that can be divided into outdoor areas for each unit. Buyer can customize all plans to fit their needs. Perfect opportunity for long-term rental income, Airbnb income in a city with a shortage of hotel rooms, or to own a home and live in one unit while renting out the other. With an excellent location near military bases, shopping, and UCCS, this property is not to be missed!

MLS#
2814023
MLS Originator
REcolorado (Denver)
Original Price
$325,000
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Status
Active
Last Update
07-06-2017 03:23pm
Bedrooms
4
Bathrooms
2
SqFt
1871
Year Built
1970
Der PSF Total
173.70

SqFt Lot
8307.00
SqFt Finished
1271
SqFt Basement
120
SqFt Above
1271

Previous Year Tax
$454
Terms and Conditions
Cash, Conventional, VA
Transaction Type
For Sale

Interior Features
Remodeled, Updated
Appliances
Dishwasher, Disposal, Microwave Oven, Refrigerator (Kitchen), Self-Cleaning Oven, Smoke Alarm, Stove/Range/Oven
Flooring
Carpet, Laminate, Vinyl/Linoleum
Cooling
Air Conditioning-Central
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0
Laundry Availability
W/D Hookups in Unit

General
Corner Lot
Features
Fence, Garden Area, Yard
Base Size
Partial
Parking Spaces
1
Parking Features
Driveway-Asphalt
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-
4+ Car Off-Street Parking
Lot View
Mountain View

Building Type
Duplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Wood Siding
Exterior Features
Fence, Garden Area, Yard
Construction Method
Frame
Builder Source
County Records

School District
Colorado Springs 11
Elementary School
Carver
Middle School
Sabin
High School
Doherty

Annual Actual Expenses
1654
Annual Projected Expenses
1654
Annual Actual Income
24000
Annual Projected Income
22346
Annual Actual Net Income
22346
Annual Projected Net Income
20692
Unit Furnished
0

PPA
1710526.32
Lot Width
0.00

  Watch Virtual Tour

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 4201 Date Street, Colorado Springs, CO 80917
- Property Type: Incomes Property, 4 beds, 2 baths, 1871 SqFT
- Selling Price: $325,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$325,000 (1)
$325,000 (1)
$325,000 (1)
$325,000 (1)
Area 2 (1-2 miles)
$325,000 (1)
$325,000 (1)
$325,000 (1)
$325,000 (1)
Area 3 (2-3 miles)
$325,000 (1)
$325,000 (1)
$325,000 (1)
$325,000 (1)
Area 4 (3-5 miles)
$325,000 (1)
$325,000 (1)
$325,000 (1)
$325,000 (1)

executed in 3.430 sec.