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4414 N Chestnut Street

$700,000
4414 N Chestnut Street, Colorado Springs, CO 80907
4414 N Chestnut Street

4414 N Chestnut Street

$700,000

OPEN HOUSE AUGUST 4th 1-3pm

Please Park on the street and come say hi.

Welcome to your next 4-unit rental property! This south-facing gem is bathed in natural light and offers ample room for growth. Perfectly suited for both first-time investors and seasoned professionals looking to expand their portfolio, 4414 N Chestnut has a strong rental history and has been well maintained.

This versatile property can serve as a pure investment, enhancing your portfolio, or you can take advantage of residential financing to live in one of the units while upgrading the others. Enjoy the benefits of steady rent increases over time, or convert these units to meet the high demand for medium-term rentals in the Springs.

Located within walking and driving distance of shops, amenities, and major hospitals, this property is a phenomenal investment opportunity. Don't miss out on this fantastic chance to own a highly desirable rental property.

100% occupied

*interior pictures have been professionally virtually staged
David Miller
David Miller Contact

Features & Amenities

Interior

Total Bedrooms 6
Total Bathrooms 4

Exterior

Stories 2
Water Source Public
Utilities Cable Available, Electricity Available, Electricity Connected, Electricity Not Available, Natural Gas Available, Natural Gas Connected
ROOF Composition
Parking Asphalt
Heat type Forced Air
Air Conditioning Other
Sewer Public Sewer

Area & Lot

Status Sold
LIVING SPACE 2,764 Sq.Ft.
LOT SIZE 8,135 Sq.Ft.
MLS® ID 5292542
Type Multi-Family
Year Built 1967
ELEMENTARY SCHOOL Jackson
MIDDLE SCHOOL Holmes
HIGH SCHOOL Coronado
School District Colorado Springs 11

Financial

SALES PRICE $700,000
REAL ESTATE TAXES $1,945/yr
Zoning R5

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