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    414 N Corona Street

    Colorado Springs, CO 80903
    • $369,900
    • STATUS: Active Under Contract
    • ON SITE: 30 days
    • ID#: 6606841
    Under Contract
    UPDATED: 51 min ago
    $369,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    School District:
    Listing provided courtesy of 00002163-Reid Investments, Inc..

    Description

    Fantastic Investment Property in a great downtown location! This area is in high demand and the places have always stayed rented! The front house is a 2 bedroom, 1 bath house that has updated windows and aluminum siding. It could use some TLC and updating inside, but was rented for the amount listed for over a year to the last renter who just moved out at beginning of August. It has washer and dryer included off the back laundry area. Only reason it is empty is to allow for showings. Since this is the only unit that is showable, we highly recommend you go down into the basement and check out the foundation and other HVAC. At some point it was fully braced up with steel beams from the front to back to support it. I am sure there will be things that show up on any inspection with a house built in 1905, so please be willing to move forward with the sale AS-IS before writing any offer. The middle cottage at 410A got new carpet, paint, and flooring two years ago. It is probably due for a roof in the next few years. It has a full bath and forced air heating. The rear unit 410B was built around the garage in 1981. It has one bedroom on the main garage level, and then upstairs is the living room, kitchen, and full bathroom. It also has A/C, hot water heating, and washer and dryer hookups off the garage area. It is long overdue for a rent increase but the tenant has been in there on Section 8 housing for many years. Please note that this is an AS-IS sale and it is priced accordingly! Give it some TLC and care, and the value of this property will just go up! Similar income properties in the area are priced much much higher! This is a GREAT DEAL!! Where else are you going to find three separate houses on one lot for this price in Colorado Springs?!

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    8z Real Estate- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2020-09-27T11:40:50.193.
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    414 N Corona Street Colorado Springs, CO 80903

    • Price: $369,900
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: 6606841
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1905
    Built
    Neighborhood:
    Downtown Central
    County:
    El Paso
    Area:
    Colorado Springs
    School District:
    Colorado Springs-11
    Property Description
    Fantastic Investment Property in a great downtown location! This area is in high demand and the places have always stayed rented! The front house is a 2 bedroom, 1 bath house that has updated windows and aluminum siding. It could use some TLC and updating inside, but was rented for the amount listed for over a year to the last renter who just moved out at beginning of August. It has washer and dryer included off the back laundry area. Only reason it is empty is to allow for showings. Since this is the only unit that is showable, we highly recommend you go down into the basement and check out the foundation and other HVAC. At some point it was fully braced up with steel beams from the front to back to support it. I am sure there will be things that show up on any inspection with a house built in 1905, so please be willing to move forward with the sale AS-IS before writing any offer. The middle cottage at 410A got new carpet, paint, and flooring two years ago. It is probably due for a roof in the next few years. It has a full bath and forced air heating. The rear unit 410B was built around the garage in 1981. It has one bedroom on the main garage level, and then upstairs is the living room, kitchen, and full bathroom. It also has A/C, hot water heating, and washer and dryer hookups off the garage area. It is long overdue for a rent increase but the tenant has been in there on Section 8 housing for many years. Please note that this is an AS-IS sale and it is priced accordingly! Give it some TLC and care, and the value of this property will just go up! Similar income properties in the area are priced much much higher! This is a GREAT DEAL!! Where else are you going to find three separate houses on one lot for this price in Colorado Springs?!
    Exterior Features

    Lot Size 7500.0000 Lot Size Units Sqft

    Interior Features

    Cooling Central Air Heating Forced AirHot Water Laundry Facilities Electric Hook-UpGas Hook-Up

    Property Features

    Earnest Money 4000 Income Property Sub Type House W/Cottage Notices Broker OwnedSold As Is Tax Amount 1640.00 Tax Year 2019 Unit Count 3 Utilities ElectricityNatural Gas Water Assoc/Distr



    8z Real Estate- Licensed in the State of Colorado. 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2020-09-27T11:40:50.193.
     
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    8z Real Estate
    602 S Tejon St
    Colorado Springs CO, 80903
    Listing provided courtesy of 00002163-Reid Investments, Inc..