SoldAug 31, 2022

Listed by Mary Reid from Reid Realty, Inc

Bought with Andrew Biegalski from PRESTIGE REALTY GROUP LLC

Source: Pikes Peak Association of REALTORS #2034085

1145 Chiricahua Loop, Cimarron Hills, CO, 80915

$786,000

8
3666 sq. ft.
9450 sq. ft.

Duplex

30+ days on the market

Sold: Aug 31, 2022

What's around 1145 Chiricahua Loop

About this property

Don't miss out on this well maintained 4 plex near Peterson Field! Owner is currently in the process of increasing all units' rent to reflect the amount in the MLS of $1,250.00 per unit. The rents can be immediately increased as one unit is vacant, one unit's lease ends July 31, 2022 and two units are on month-to-month tenancy. Tenants pay gas and electric. Inventory is low so come see this one as soon as possible. This 4 plex has been well maintained by the owner landlord and has great rental history. One unit has been renovated and the other units are updated. The units have a functional layout with an open living room, dining room and kitchen area. All units have had furnaces replaced and some water heaters have been replaced. The grounds are landscaped with low-water consumption landscaping, so cash flow isn't wasted on maintaining lawn areas. The exterior of the building is also low maintenance brick. The property contains newer windows (complete with a transferrable warranty) and a newer roof. Square footage is approximate. Buyer to verify square footage and condition. Seller and Listing Agent are related.

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