4255 Loomis Avenue, Colorado Springs, CO, 80906

4-unit turnkey investment opportunity, or live in 1 unit and rent 3 units

3 of 4 units recently updated

New individual electric meters just installed

All 2-bed, 1-bath units, wood floors, in-unit laundry

Updated kitchens in 3 of 4 units

Low maintenance finishes

All appliances included

Each unit has a patio or deck

Close to Army base and schools

Easy maintenance for tenants and owner

Clean units

Bathroom

Other

Updates are generating higher rents

2 lower units have patios and fenced outdoor space

2 units on the ground level and 2 units on the upper level

Off-street parking for up to 16 cars and trucks

Other

Pantry

Laundry

Kitchen

Other

Bedroom

Bathroom

Other

Bedroom

Views of Pikes Peak

Image 30 of 31: Play area and seating in back, 40

Play area and seating in back, 40' x 10' storage shed

Off-street parking for up to 16 cars and trucks

Image Count: 31

$749,900

Highlights
Income
Fourplex
4255 Loomis Avenue, Colorado Springs, CO, 80906 listed by Mary Anschutz
Active
MLS#: 5112019
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Space maker

Property Description

A rare opportunity for a turnkey investment awaits in this updated Stratmoor Hills quadplex. Showcasing recent interior and exterior upgrades, this property offers flexibility and rental income potential. Each of the four units features two bedrooms, one bathroom and in-unit laundry for added convenience. Three of the four units have been thoughtfully updated with modern finishes, including neutral tiles and stylish light fixtures. Owners may choose to reside in one unit and rent the remaining three units, or rent all four units to maximize returns. A large backyard with a seating and play area presents plenty of space for enjoying outdoor relaxation. Ample space for vehicles is offered with off-street space for up to 16 cars and trucks. A central location within Colorado Springs provides close proximity to the Army base, schools and Cheyenne Meadows Park. Welcome to drive by, but please do not disturb tenants.

Property Listed By

Mary Anschutz
1488-188-303

milehimodern
2084-092-027

Combine a solid corporate background with a Midwestern work ethic and you’ll find Mary Anschutz, an efficient and problem solving expert offering her real estate industry knowledge since 2013. Mary brings her marketing, and sales experience from iconic companies such as Coors, Heineken and Resort Technology Partners to offer clients a systematic approach to buying and selling real estate. Mary’s favorite part of the process stems from the hunt for the perfect home. After the ideal home is found, Mary uses her in-depth education from the University of Wisconsin and Northwestern — as well as her considerable corporate experience — to uncover innovative ways to secure the deal. Additionally, Mary’s experience as a real estate coach allows her to act as a mentor for her clients, guiding them through the ebb and flow of the process from start to finish. Working with Mary means access to a unique perspective and creative solutions.

Property Details

General Features

Property Type: Fourplex
Year Built: 1971
County: El Paso
School District: Harrison-2
List Price: $749,900

Unit Information

Beds	Baths	Parking	Rent	SqFt
2	1		$1,400
2	1		$1,400
2	1		$1,400
2	1		$1,300

Total Units: 4

Structure

Foundation: Slab
Structure: Frame
Construction Status: Existing
Fence: Front
Fence: Front

Features

Heating: Baseboard
Laundry: Electric Hook-up
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Taxes, Utilities, Lot

Tax: $2,064
Lot Size: 0.21 Acres, 9,300 SqFt
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry: Electric Hook-up
Heating: Baseboard
Existing Water: Municipal
Existing Utilities: Electricity Connected, Natural Gas Connected

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