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1020 Chiricahua Loop, Colorado Springs, CO, 80915

Image Count: 45

$725,000

  • Highlights
  • Income
  • Fourplex
  • 1020 Chiricahua Loop, Colorado Springs, CO, 80915 listed by Kristan Rigdon ASN CNE EPRO GRI
  • Active
  • MLS#: 8171700
  • Tour #1 | Tour #3
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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.

Property Listed By

Picture of REALTOR Listing Property
  • Kristan Rigdon ASN CNE EPRO GRI
  • 0074-994-917  Call the Agent 
Picture of Office Listing Property
  • HomeSmart
  • 1678-436-917  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1973
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $725,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,100 810
    2 1 $1,200 810
    2 1 $1,100 810
    2 1 $1,100 810
  • Total Units: 4
  • Total Rent: $4,500

    Structure

  • Foundation: Garden Level
  • Structure: Framed on Lot, Frame
  • Construction Status: Existing
  • Siding: Brick, Masonite Type
  • Window Type: Vinyl

    Features

  • Heating: Baseboard, Hot Water, Natural Gas
  • Laundry: Coin, Electric Hook-up
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

    Taxes, Utilities, Lot

  • Tax: $3,243
  • Lot Size: 0.22 Acres, 9,800 SqFt
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Laundry: Coin, Electric Hook-up
  • Heating: Baseboard, Hot Water, Natural Gas
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
          Disclaimer
          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.
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          1020 Chiricahua Loop, Colorado Springs, CO, 80915

          Image 1 of 45: Front of Structure

          Front of Structure

          Image 2 of 45: View of entrance to Apartment # 3

          View of entrance to Apartment # 3

          Image 3 of 45: View of entrance to Apartment # 3

          View of entrance to Apartment # 3

          Image 4 of 45: View of entrance to Apartment # 3

          View of entrance to Apartment # 3

          Image 5 of 45: Living Room

          Living Room

          Image 6 of 45: Living Room

          Living Room

          Image 7 of 45: Living Room

          Living Room

          Image 8 of 45: Living Room coat closet

          Living Room coat closet

          Image 9 of 45: View from living room

          View from living room

          Image 10 of 45: Kitchen

          Kitchen

          Image 11 of 45: Kitchen

          Kitchen

          Image 12 of 45: Kitchen

          Kitchen

          Image 13 of 45: Kitchen

          Kitchen

          Image 14 of 45: Kitchen

          Kitchen

          Image 15 of 45: Bedroom

          Bedroom

          Image 16 of 45: Bedroom

          Bedroom

          Image 17 of 45: Bedroom

          Bedroom

          Image 18 of 45: flooring, a textured ceiling, and a closet

          flooring, a textured ceiling, and a closet

          Image 19 of 45: Bedroom

          Bedroom

          Image 20 of 45: Primary Bedroom Closet

          Primary Bedroom Closet

          Image 21 of 45: Full bathroom with hardwood / wood-style flooring, vanity, toilet, and tile

          Full bathroom with hardwood / wood-style flooring, vanity, toilet, and tiled shower / bath

          Image 22 of 45: Bathroom featuring a textured ceiling, vanity, and baseboard heating

          Bathroom featuring a textured ceiling, vanity, and baseboard heating

          Image 23 of 45: Linen Closet

          Linen Closet

          Image 24 of 45: Linen Closet

          Linen Closet

          Image 25 of 45: Second Bedroom

          Second Bedroom

          Image 26 of 45: Second Bedroom

          Second Bedroom

          Image 27 of 45: Second Bedroom closet

          Second Bedroom closet

          Image 28 of 45: Exterior Storage Closet

          Exterior Storage Closet

          Image 29 of 45: Exterior Storage Closet

          Exterior Storage Closet

          Image 30 of 45: Laundry facilities for All Apartments are located off Apt #3 balcony

          Laundry facilities for All Apartments are located off Apt #3 balcony

          Image 31 of 45: View of exterior entry to Laundry Facilites

          View of exterior entry to Laundry Facilites

          Image 32 of 45: Laundry area featuring coin operated washing machine and dryer

          Laundry area featuring coin operated washing machine and dryer

          Image 33 of 45: Laundry area with washing machine and dryer

          Laundry area with washing machine and dryer

          Image 34 of 45: Laundry room featuring washer and dryer

          Laundry room featuring washer and dryer

          Image 35 of 45: Laundry room featuring separate washer and dryer

          Laundry room featuring separate washer and dryer

          Image 36 of 45: Laundry room with washer and clothes dryer

          Laundry room with washer and clothes dryer

          Image 37 of 45: View of front of house & parking

          View of front of house & parking

          Image 38 of 45: View of side of property with second parking area

          View of side of property with second parking area

          Image 39 of 45: View of property exterior with second parking area

          View of property exterior with second parking area

          Image 40 of 45: View of home

          View of home's exterior

          Image 41 of 45: View of rear view of house

          View of rear view of house

          Image 42 of 45: View of side of property

          View of side of property

          Image 43 of 45: With main parking area

          With main parking area

          Image 44 of 45: View of side yard

          View of side yard

          Image 45 of 45: View of backyard

          View of backyard

          Disclaimer: 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.