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318 Bonnie Court, Colorado Springs, CO, 80916

Image Count: 50

$650,000

  • Highlights
  • Income
  • Fourplex
  • 318 Bonnie Court, Colorado Springs, CO, 80916 listed by Andrew Guterman
  • Active
  • MLS#: 5876182
  • View on Map
Space maker

Property Description

Solid income-producing 4-plex in Colorado Springs with three of four units occupied and a freshly updated vacant unit ready for immediate lease-up or for a house-hacker looking to occupy a unit themselves. The property features two 2BD/1BA units and two 3BD/1BA units in an up/down configuration, with upper-level and garden-level layouts offering natural tenant variety and stable demand across unit sizes. Unit 3 has just been turned with new carpet, fresh paint, and light repairs — move-in ready and primed to generate cash flow from day one. The remaining three units are occupied, providing an income base while you fill the fourth. Exterior features mature trees, xeriscaped front yard, storage closets for each unit, separate shared laundry room, and off-street parking in the rear — a practical amenity for tenants without the maintenance overhead of a garage. The building presents well with stucco construction and a clean curb appeal for the price point. Interiors reflect functional, rentable finishes throughout: tile flooring in kitchens and baths, electric range/oven, full-size refrigerators, tub/shower combos, and ample cabinet storage.

Property Listed By

Picture of REALTOR Listing Property
  • Andrew Guterman
  • 7726-199-013  Call the Agent 
Picture of Office Listing Property
  • Atlas Real Estate Group LLC
  • 0898-242-303  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1970
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $650,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $975 817
    3 1 $1,512 1,025
    2 1 $975 817
    3 1 $1,530 1,025
  • Total Units: 4
  • Total Rent: $4,992
  • Other Rentable Space: Storage closet for each unit, currently included in rent

    Structure

  • Foundation: Garden Level
  • Structure: Frame
  • Construction Status: Existing
  • Siding: Stucco
  • Fence: Front
  • Fence: Front

    Features

  • Heating: Baseboard, Electric
  • Cooling: Wall Unit
  • Laundry: Coin, Common
  • Appliances: Disposal, Range, Refrigerator

    Taxes, Utilities, Lot

  • Tax: $1,949
  • Lot Size: 0.24 Acres, 10,500 SqFt
  • Appliances: Disposal, Range, Refrigerator
  • Laundry: Coin, Common
  • Heating: Baseboard, Electric
  • Cooling: Wall Unit
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected
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          318 Bonnie Court, Colorado Springs, CO, 80916

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          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.