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Off market

Buy a multi-family propertyat 1015 Iowa Ave, Colorado Springs, CO 80909

$575,000

$589,500 (-2.46%)

$0/mo

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Multifamily

2,903 Sq. Ft.

11,238 Sq. Ft. lot

479 Days on market

9821211 MLS ID

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About 1015 Iowa Ave multi-family property

Well maintained quadplex in a terrific location minutes from parks, downtown Colorado Springs and Colorado College. Large, low maintenance, xeriscaped lot with room for improvement (i.e. adding carports to increase income potential). Exterior of all units were patched/repaired/painted Feb '23. Front xeriscaped yard was freshly mulched March '23. Updates over the last 8 years include electric panels, windows, roof, appliances, furnaces, cabinets, toilets, showers, tubs, tile flooring, carpet, granite countertops, lighting, backsplash, doors, exterior/interior paint, door knobs, sewer line and more. Laundry facility on site for tenants use adds an additional source of income. Contact listing agent for details.
Well maintained quadplex in a terrific location minutes from parks, downtown Colorado Springs and Colorado College. Large, low maintenance, xeriscaped lot with room for improvement (i.e. adding carports to increase income potential). Exterior of all units were patched/repaired/painted Feb '23. Front xeriscaped yard was freshly mulched March '23. Updates over the last 8 years include electric panels, windows, roof, appliances, furnaces, cabinets, toilets, showers, tubs, tile flooring, carpet, granite countertops, lighting, backsplash, doors, exterior/interior paint, door knobs, sewer line and more. Laundry facility on site for tenants use adds an additional source of income. Contact listing agent for details.

Property details

House

Above Grade Finished Area: 1833

Architectural Style: "Ranch"

Below Grade Finished Area: 1070

Building Area Total: 2903

Construction Materials: "Wood/Frame"

Lower Sq Ft: 1070

Total Sq Ft: 2903

Living Area: 2903

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 1

Year Built: 1938

Appliances and Equipment

Appliances: "Dishwasher", "Microwave", "Disposal"

Basement

Basement: "Full"

Bathrooms

Bathrooms Total Integer: 4

Bedrooms

Bedrooms Total: 7

Location

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.846733

Longitude: -104.789642

MLS Area Major: Out of Area

Postal Code: 80909

State Or Province: CO

Street Name: Iowa

Street Number: 1015

Street Suffix: Ave

Subdivision Name: Grand View

Unparsed Address: 1015 Iowa Ave Colorado Springs CO 80909

Garage

Covered Spaces: 5

Garage Spaces: 5

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric"

Utilities: "Electricity Available", "Cable Available"

Schools

Elementary School: Queen Palmer

High School: Palmer

High School District: Colorado Springs 11

Middle Or Junior School: Galileo

Fireplaces

Fireplace Features: "2+ Fireplaces"

Fireplace YN: t

Heating

Heating: "Gravity"

Heating YN: t

Property

Crops: None

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1943

Tax Year: 2021

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 198.07

Listing Id: 9821211

Listing Terms: "Cash", "Conventional", "VA Loan"

List Price: 575000

Mls Status: Pending

Number Of Units Total: 4

Standard Status: Pending

Laundry

Laundry Features: "Common Area"

Lot

Lot Size Acres: 0.26

Lot Size Area: 11238

Lot Size Square Feet: 11238

Lot Size Units: Square Feet

Parking

Other Parking: Parking Per Unit(1 Space/Unit)

Tenant Pays

Tenant Pays: "Gas", "Electricity", "Water"

Monthly cost

Estimated monthly cost

$3,544/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$540,500

+$17,250

$557,750

Seller agent commission$17,250 (3%)*

$0 (0%)

Buyer agent commission$17,250 (3%)*

$17,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $17,250 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 26, 2024 at 9:30 a.m.

Data updated: Apr 8, 2023 at 5:46 a.m.

Courtesy of Jennifer Zurzolo, LIV Sotheby's International Realty
This content last updated on 04/08/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information 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. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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