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1617 N Chestnut Street, Colorado Springs, CO – $1,095,000

  • 8 Beds
  • 5 Baths
  • 3,802 Sqft
  • .4 Acres
  • 8 Beds
  • 5 Baths
  • 3,802 Sqft
  • .4 Acres

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1617 N Chestnut Street

Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.

Listing Office: COLDWELL BANKER 1ST CHOICE REALTY

Essential Information

  • MLS® #9011885
  • Price$1,095,000
  • Bedrooms8
  • Bathrooms5.00
  • Square Footage3,802
  • Acres0.40
  • Year Built1919
  • TypeResidential Income
  • Sub-TypeQuadplex
  • StatusActive

Community Information

  • Address1617 N Chestnut Street
  • SubdivisionBauer Sub Fil 1
  • CityColorado Springs
  • CountyEl Paso
  • StateCO
  • Zip Code80907

Amenities

  • Parking Spaces1

Utilities

Electricity Connected, Natural Gas Connected

Interior

  • Interior FeaturesCeiling Fan(s)
  • HeatingHot Water
  • CoolingNone
  • StoriesTwo

Appliances

Dishwasher, Dryer, Oven, Range, Refrigerator, Washer

Exterior

  • Lot DescriptionCorner Lot, Level
  • RoofComposition

School Information

  • DistrictColorado Springs 11
  • ElementaryBristol
  • MiddleNorth
  • HighCoronado

Additional Information

  • Date ListedSeptember 6th, 2024
  • ZoningR2, UV

Listing Details

COLDWELL BANKER 1ST CHOICE REALTY

Office Contact

shawn@davebrownteam.com,719-439-1651

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Listing information last updated on November 23rd, 2024 at 4:18pm MST.