345 Vehr Drive, Colorado Springs, CO, 80916

Image Count: 13

$675,000

  • Highlights
  • Income
  • Fourplex
  • 345 Vehr Drive, Colorado Springs, CO, 80916 listed by Shawn Kane
  • Active
  • MLS#: 9557277
  • View on Map
Space maker

Property Description

Great investment opportunity with a rare unit mix of two 3 bedroom units and two 2 bedroom units. Property is fully occupied and currently bringing in $5,228/month which includes all pet fees, utility fees and admin fees. Property is separately metered for electricity. Room for rent increases based on unit size. Units are mostly updated with new LVP, carpet, paint and refreshed kitchens and baths. Centrally located on the east side with easy access to all of Colorado Springs via Airport Rd, Academy Blvd and Powers Rd. This list price is for a conventional sale. Property is also available for sale via loan assumption for $750,000. Assumable mortgage is a 30 year fixed loan at 3.125%, and $2220/month payment including taxes and insurance.

Property Listed By

Picture of REALTOR Listing Property
  • Shawn Kane
  • 4301-433-027  Call the Agent 
Picture of Office Listing Property
  • 7281 Real Estate LLC
  • 4301-433-027  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1971
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $675,000

    Unit Information

    Beds Baths Parking Rent SqFt
    3 1 $1,358 950
    2 1 $1,248 800
    3 1 $1,374 950
    2 1 $1,248 800
  • Total Units: 4
  • Total Rent: $5,228

    Structure

  • Construction Status: Existing

    Features

  • Heating: Baseboard, Natural Gas, Radiant
  • Laundry: Common

    Taxes, Utilities, Lot

  • Tax: $2,152
  • Lot Size: 0.20 Acres, 8,500 SqFt
  • Laundry: Common
  • Heating: Baseboard, Natural Gas, Radiant
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected

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          345 Vehr Drive, Colorado Springs, CO, 80916

          Image 1 of 13: View of front of property featuring stucco siding

          View of front of property featuring stucco siding

          Image 2 of 13: Kitchen with white electric stove, dark wood-style flooring, open shelves,

          Kitchen with white electric stove, dark wood-style flooring, open shelves, gray cabinets, and under cabinet range hood

          Image 3 of 13: Kitchen featuring freestanding refrigerator, dark wood finished floors, and

          Kitchen featuring freestanding refrigerator, dark wood finished floors, and white cabinetry

          Image 4 of 13: Bathroom featuring washtub / shower combination, vanity, and dark tile patt

          Bathroom featuring washtub / shower combination, vanity, and dark tile patterned floors

          Image 5 of 13: Full bathroom featuring shower / bath combination, vanity, dark wood-style

          Full bathroom featuring shower / bath combination, vanity, dark wood-style flooring, and a textured ceiling

          Image 6 of 13: Kitchen featuring baseboard heating, white electric range, light countertop

          Kitchen featuring baseboard heating, white electric range, light countertops, and light tile patterned floors

          Image 7 of 13: Empty room with light tile patterned floors and baseboards

          Empty room with light tile patterned floors and baseboards

          Image 8 of 13: Spare room featuring wood finished floors and baseboards

          Spare room featuring wood finished floors and baseboards

          Image 9 of 13: Spare room featuring dark wood-type flooring

          Spare room featuring dark wood-type flooring

          Image 10 of 13: Unfurnished room featuring light colored carpet and light tile patterned fl

          Unfurnished room featuring light colored carpet and light tile patterned floors

          Image 11 of 13: Carpeted spare room with baseboard heating

          Carpeted spare room with baseboard heating

          Image 12 of 13: Carpeted spare room with a baseboard radiator

          Carpeted spare room with a baseboard radiator

          Image 13 of 13: Empty room featuring carpet floors and baseboards

          Empty room featuring carpet floors and baseboards

          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.