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3681 Michigan Avenue

Colorado Springs, CO 80910
  • $679,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: 9217803
UPDATED: 34 min ago
$679,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Exp Realty LLC: 888-440-2724.

Description

Well-Maintained 4-Unit Investment Property with Strong Rental HistoryThis fully leased 4-unit complex offers a solid investment opportunity with stable, long-term tenants"no vacancies over the past three years. Each lease has been recently renewed, ensuring continued cash flow. Three of the four units have been thoughtfully renovated and feature updated appliances for modern living.Additional amenities include two dedicated storage units per apartment, providing valuable extra space. All utilities are billed back to tenants, maximizing net operating income. There is also a Common Storage are and Coin operated Laundry area. Ideally located near the Amazon Distribution Center and Fort Carson, the property offers convenient access to major employment hubs"making it highly attractive to renters.

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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 2025-07-14T10:41:06.793.
www.summitgroupcolorado.com/homes/165054807
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3681 Michigan Avenue Colorado Springs, CO 80910

  • Price: $679,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 34 min ago
  • ID#: 9217803
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1969
Built
Neighborhood:
Park Hill
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Well-Maintained 4-Unit Investment Property with Strong Rental HistoryThis fully leased 4-unit complex offers a solid investment opportunity with stable, long-term tenants"no vacancies over the past three years. Each lease has been recently renewed, ensuring continued cash flow. Three of the four units have been thoughtfully renovated and feature updated appliances for modern living.Additional amenities include two dedicated storage units per apartment, providing valuable extra space. All utilities are billed back to tenants, maximizing net operating income. There is also a Common Storage are and Coin operated Laundry area. Ideally located near the Amazon Distribution Center and Fort Carson, the property offers convenient access to major employment hubs"making it highly attractive to renters.
Exterior Features

Lot Size 7800.0000 Lot Size Units SqFt Parking Spaces Number Of 6 Structure Framed on Lot

Interior Features

Cooling None Heating Forced Air Laundry Facilities None Unit Total Baths 4 Unit Total Beds 7

Property Features

Earnest Money 6000 Income Property Sub Type Fourplex Notices Not Applicable Tax Amount 1868.43 Tax Year 2024 Terms CashConventional Unit Count 4 Utilities Cable AvailableElectricity 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 2025-07-14T10:41:06.793.
 
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Summit Group Colorado | eXp Realty
215 W Rockrimmon Blvd
Colorado Springs CO, 80919
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Exp Realty LLC: 888-440-2724.