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For Sale14 Days
$1,150,000

1617 Chestnut Street
Colorado Springs, CO 80907

Income For Sale
8 Beds
5 + Half Baths
3,802 Sq. Ft.
0.40 Acre Lot
    • 1of38
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    COLDWELL BANKER 1ST CHOICE REALTY

    Description for 1617 Chestnut Street, Colorado Springs, CO 80907

    For Sale> El Paso> Colorado Springs> 80907

    Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45′ RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

    Property Details

    Listing Details
    For Sale
    Income
    Quadplex
    None
    For Sale
    REC9011885
    $1,150,000
    09/06/2024
    3,802 Sqft
    1919
    3,802 Sqft
    Single Family
    n/a
    1
    REC15223N
    Location Information
    US
    CO
    El Paso
    Colorado Springs
    80907
    Chestnut
    1617
    Street
    Bauer Sub Fil 1
    W105° 9' 52.2''
    N38° 51' 26.6''
    N
    Yes
    Garage/Parking
    No
    No
    Interior Features
    8
    5
    Dishwasher,Refrigerator,Dryer,Range,Washer,Oven
    Ceiling Fan(s)
    Basement
    Full,Finished
    Exterior Features
    No
    No
    Composition
    Stucco
    Full
    WaterFront and WaterAccess
    No
    Land Info
    0.40 Acre
    Level,Corner Lot
    Nw
    R2, UV
    7401408015
    Monthly
    Utilities
    Hot Water
    None
    Public Sewer
    HOA Info
    Monthly
    1 Common Wall
    No
    Rental Info
    Monthly
    Tax Info
    LOT 1 BAUER SUB FIL NO 1 and LOT 2 BAUER SUB FIL NO 1
    $2,640
    2023
    Schools
    Bristol
    Coronado
    North
    Listing Information
    COLDWELL BANKER 1ST CHOICE REALTY
    Shawn Keehn
    RECCBR82
    Recolorado
    $1,150,000
    09/06/2024 16:40:19
    3,802 Sqft
    Quadruplex
    Natural Gas Connected,Electricity Connected
    Public
    Colorado Springs 11
    Colorado Springs 11
    Colorado Springs 11

    Price History

    Source: MLS
    DateEventPriceSource
    2024-09-06 15:59:12For Sale$1,150,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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