Residential Income for Sale: 1617 Chestnut, Colorado Springs, CO 80907

8 beds
5 baths
3,802 sqft
mls #9011885
$1,095,000
$1,095,000
1617 Chestnut, Colorado Springs, CO 80907
8 beds
5 baths
3,802 sqft
mls #9011885
$1,095,000
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Price:
$1,095,000
$55,000 - 10/17/2024
Est. payment: Skip to Mortgage Calculator

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Type Residential Income
Beds 8
Total Baths 5 baths
Square Feet 3,802 sqft
Lot Size 0.40 acres
Year Built 1919
City Colorado Springs
County El Paso
School District Colorado Springs 11
Subdivision Bauer Sub Fil 1
MLS 9011885
Status Active
DOM 77 days
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.

Room Features

Basement Full, Partially Finished

Lot & Building Features

Appliances Dishwasher, Refrigerator, Washer, Dryer
Heating Hot Water
Cooling Ceiling Fan(s)
Sewer City Sewer, Public Sewer
Tax Year 2023
Water City Water
Fireplace None
Lot Corner Lot, Level

Community and Schools

Elementary School Bristol
Junior High School North
Senior High School Coronado

Unit Features

Unit 1 - DS Bedrooms 2
Unit 1 - DS Est Sq Ft 1043
Unit 1 - DS Rent 1500
Unit 1 - DS Total Baths 1
Unit 2 - DS Bedrooms 1
Unit 2 - DS Est Sq Ft 616
Unit 2 - DS Rent 1100
Unit 2 - DS Total Baths 1
Unit 3 - DS Bedrooms 3
Unit 3 - DS Est Sq Ft 1315
Unit 3 - DS Rent 2200
Unit 3 - DS Total Baths 2
Unit 4 - DS Bedrooms 2
Unit 4 - DS Est Sq Ft 828
Unit 4 - DS Rent 1800
Unit 4 - DS Total Baths 1

Price History of 1617 Chestnut, Colorado Springs, CO

Date Name Price Difference
10/17/2024 Price Adjustment $1,095,000 4.78%
09/06/2024 Listing Price $1,150,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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By providing Grey Rock Realty with your contact information, you acknowledge and agree to our privacy policy and consent to receiving marketing communications, including calls, texts and emails. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time, to opt out from emails, you can click on the unsubscribe link in the email. Message and data rates may apply. 

Listed by COLDWELL BANKER 1ST CHOICE REALTY, Shawn Keehn 719-687-0900
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1617 Chestnut (MLS #9011885) is a residential income listing located in Colorado Springs, CO. This residential income listing is 3,802 sqft and on a lot of 17,424 sqft (or 0.40 acres) with 8 bedrooms, 5 baths and is 105 years old. This property was listed on 09/06/2024 and has been priced for sale at $1,095,000.

Nearby zip codes are 80903, 80904, 80905, 80909 and 80925. This property neighbors other cities such as Manitou Springs.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: COLDWELL BANKER 1ST CHOICE REALTY

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES 2024