$760,000
Active
67 Days Online
8 Beds4 Baths3,536 SQFT
Active

3445 Cochran Colorado Springs, CO 80916

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3445 Cochran Dr, Colorado Springs is a 4-unit apartment building, including four two-bedroom, one-bathroom residences. Built in 1985 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, and perimeter fence. This property also come equipped with a wireless security camera system. Each unit boasts individual AC units, in unit washer and dryer hook ups and storage unit for personalized comfort. With its prime location 3445 Cochran St presents a turnkey investment opportunity with immediate cashflow. This property is perfect for first time home buyers and house hackers alike. Three of the units are fully leased through 2024. This allows the opportunity for investors to live in the available turnkey unit and enjoy the strong cashflow. This property offers a 7.51% cap rate! For investors looking for more scale this ownership group is also offering 903 Boggs, 2115 Preuss, 2123 Pruess, 2135 Pruess and 1518 &1512 S Corona Ave, Colorado Springs.

  • Property TypeMulti-Family
  • NeighborhoodCochran
  • CountyEl Paso
  • Taxes$1,574
  • HOA/Condo/Coop Fees$0
  • Days on Site66 Days
  • MLS StatusActive
  • MLS ID Number8084218
  • Home Size Source Assessor
  • Year Built1984
  • Lot Size0.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Sewer Public Sewer
  • Basement 90%+ Finished BasementDaylight
  • Number of Stories 2
  • Acreage 0.19
  • Property Sub Type Multi Family
  • Garage Spaces 8
  • Attached Garage No
  • Garage Off Street
  • Tenant Pays GasElectricityTrash Collection

Interior Features

  • Heating Forced Air
  • Appliances DishwasherRefrigeratorMicrowave
  • Fireplace Features Single Fireplace
  • Fireplace Yes
  • Basement Foundation 90%+ Finished BasementDaylight

Exterior Features

  • Roof Fiberglass
  • Spa No
  • Waterfront Property No
  • Waterfront No

Community Features

  • Senior Community No
  • MLS Area Out of Area

Schools

School District
Harrison 2
Elementary School
Turman
Middle School
Carmel
High School
Sierra High

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Monthly Payment (Est.)

$3,819
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