Skip To Content

1020 Chiricahua Loop

Colorado Springs, CO 80915
  • $725,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 8171700
UPDATED: 58 min ago
$725,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of HomeSmart: 719-634-8761.

Description

Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.

Monthly Payment Calculator



Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-01-15T07:41:04.31.
www.summitgroupcolorado.com/homes/159224772
Print Image

1020 Chiricahua Loop Colorado Springs, CO 80915

  • Price: $725,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 58 min ago
  • ID#: 8171700
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1973
Built
Neighborhood:
Cimarron Hills
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.
Exterior Features

Foundation Details Garden Level Lot Size 9800.0000 Lot Size Units SqFt Parking Spaces Number Of 10 Roof Composite Shingle Siding BrickMasonite Type Structure Framed on LotFrame

Interior Features

Appliances DishwasherDisposalDryerRangeRefrigeratorWasher Cooling None Fireplace Description None Heating BaseboardHot WaterNatural Gas Laundry Facilities CoinElectric Hook-up Unit Total Baths 4 Unit Total Beds 8

Property Features

Earnest Money 7500 Income Property Sub Type Fourplex Notices Established Rental History Tax Amount 3242.72 Tax Year 2023 Terms CashConventionalFHAVA Unit Count 4 Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-01-15T07:41:04.31.
 
https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_8171700-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_8171700-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_8171700-2.jpg
Logo
Summit Group Colorado | eXp Realty
215 W Rockrimmon Blvd
Colorado Springs CO, 80919
Pikes Peak Multiple Listing Service logo Listing provided courtesy of HomeSmart: 719-634-8761.