$699,000
Active
91 Days Online
6 Beds4 Baths1,885 SQFT
Active

931 Cheyenne Blvd Colorado Springs, CO 80905

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FOURPLEX GEM!! This unique property should be a part of your portfolio and is turnkey! Each unit holds its own charm and coziness with several updates throughout not to mention longtime reliable tenants in place. Did I mention respectful and low maintenance tenants that take pride in each of their units? Three of the four tenants have leases through 6/2025. The fourth unit is available 7/2024 and would be perfect timing for an owner occupy purchase. Some improvements include stainless steel appliances, newer hot water heaters, newer roof, newer 18'x 8' deck, laminate flooring, one unit has new windows, ADT alarm system on one unit, plumbing for an automatic sprinkler system, butcher block counter tops in one unit, breakfast bar in three units and fresh paint in two units. Find ample off street parking with 22'x19'x7' covered parking for two units, large front yard with mature trees and patio, storm doors on each unit and a fenced common area for pets. This opportunity is prime real estate in the Cheyenne D-12 district at the base of Cheyenne canyon in Colorado Springs.

  • Property TypeMulti-Family
  • NeighborhoodJ E M Sub
  • CountyEl Paso
  • Taxes$2,635
  • HOA/Condo/Coop Fees$0
  • Days on Site91 Days
  • MLS StatusActive
  • MLS ID Number4865533
  • Home Size Source Assessor
  • Year Built1954
  • Lot Size0.26 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Ranch
  • Construction Adobe
  • Sewer Public Sewer
  • Basement 90%+ Finished BasementWalk- Out Access
  • Number of Stories 1
  • Acreage 0.26
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Attached Garage No
  • Utilities Natural Gas AvailableElectricity AvailableCable Available
  • Zoning R1-6
  • Direction Faces North
  • Garage Carport
  • Tenant Pays GasElectricity
  • Buyer Agent Compensation 2.50 %

Interior Features

  • Cooling Room Air ConditionerCeiling Fan(s)
  • Heating Forced AirBaseboard
  • Appliances DishwasherRefrigeratorDisposal
  • Interior Eat-in Kitchen
  • Laundry Features Common Area
  • Basement Foundation 90%+ Finished BasementWalk-Out Access
  • Other Interior Features Eat-in Kitchen
  • Design Features Eat-in Kitchen

Exterior Features

  • Roof Composition
  • View Mountain(s)
  • Fencing Partial
  • Spa No
  • Waterfront Property No
  • Lot Lawn Sprinkler SystemLevel
  • Patio And Porch Deck
  • Other Structures Kennel/ Dog Run
  • Fences Partial
  • Property Views Mountain(s)
  • Waterfront No

Community Features

  • Senior Community No
  • MLS Area Out of Area
  • Accessibility Features Level Lot

Schools

School District
Cheyenne Mountain 12
Elementary School
Skyway
Middle School
Cheyenne Mountain
High School
Cheyenne Mountain

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Monthly Payment (Est.)

$3,702
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