$760,000
Active
60 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 Site60 Days
  • MLS StatusActive
  • MLS ID Number8084218
  • Home Size Source Public Records
  • Year Built1984
  • Lot Size0.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking Asphalt
  • Parking Spaces 8
  • Sewer Public Sewer
  • Basement DaylightFinished
  • Number of Stories 2
  • Acreage 0.19
  • Water Public
  • Security Security System
  • Property Sub Type Quadruplex
  • Garage Spaces 0
  • Attached Garage No
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling None
  • Heating Forced Air
  • Appliances DishwasherGas Water HeaterMicrowaveOvenRefrigerator
  • Flooring Vinyl
  • Fireplaces 1
  • Fireplace Features Family Room
  • Laundry Features In Unit
  • Fireplace Yes

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Senior Community No
  • Security Features Security System

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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