0.28 Acres Lot
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6915464
Construction Status Existing
Year Built 1973
Annual Tax Amount $3,513
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Fourplex
Source Pikes Peak REALTOR® Services
Property Description
Welcome to 6715 Pahokee Court, a well-maintained fourplex in Colorado Springs offering an excellent opportunity for both seasoned investors and owner-occupants looking to build equity while generating rental income.
This property features four spacious 2-bedroom, 1-bathroom units, providing a desirable and versatile floor plan for today's rental market. The building situated on .28 acres includes two upper-level units and two garden-level units, along with convenient additional storage lockers in a separate building. The units have been well maintained, creating a solid foundation for an investor to continue operating the property while taking advantage of potential rent-roll improvement over time.
A unique feature for an owner-occupant buyer: Unit #2 is being intentionally left vacant, providing the next owner with the opportunity to move into one of the units while retaining income from the remaining three apartments. This makes the property particularly attractive for a buyer looking for a house-hacking strategy or someone who wants to live on-site while building a multifamily investment portfolio.
The property is located in Cimarron Hills within, with convenient access to, Schriever Space Force Base, Powers Boulevard corridor, Palmer Park Boulevard and major east-side transportation routes. The surrounding area provides residents with easy access to shopping, restaurants, services, employment centers and everyday amenities.
Location
State CO
County El Paso
Rooms
Basement Garden Level
Interior
Heating Baseboard, Hot Water
Cooling None
Fireplaces Type None
Furnishings Existing
Window Features Vinyl
Appliance Dishwasher, Range, Refrigerator
Laundry Common
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, See Prop Desc Remarks
Roof Type Composite Shingle
Building
Sewer Sewer
Water Assoc/Distr
Construction Status Existing
Schools
School District District 49
Others
Tax ID 5406419051
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Nearby Locations
GET MORE INFORMATION
Partner Lic# FA100090515
elevatedcottages@pbsignaturegroup.com
1755 Telstar Dr, Suite 300, Colorado Springs, CO 80920