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Buy a multi-family propertyat 4625 N Carefree Cir, Colorado Springs, CO 80917

$900,000

$949,000 (-5.16%)

$0/mo

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Multifamily

3,088 Sq. Ft.

8,600 Sq. Ft. lot

329 Days on market

8239424 MLS ID

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About 4625 N Carefree Cir multi-family property

All units have been updated in the last 5 years. Electric is individually metered - 4 units and 1 house meter. The 4 electric meters are in the tenant's names and the House is Billed back. The Water / Sewer / gas / trash are billed back. All units are occupied. ***No Showings until under contract*** Owner pays the grounds care. Laundry is on the 2nd floor and washer and dryer are both new in the last year. Luxury Vinyl Tile Throughout.
All units have been updated in the last 5 years. Electric is individually metered - 4 units and 1 house meter. The 4 electric meters are in the tenant's names and the House is Billed back. The Water / Sewer / gas / trash are billed back. All units are occupied. ***No Showings until under contract*** Owner pays the grounds care. Laundry is on the 2nd floor and washer and dryer are both new in the last year. Luxury Vinyl Tile Throughout.

Property details

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Building

Above Grade Finished Area: 2316

Building Area Total: 3088

Construction Materials: "Wood/Frame", "Stucco"

Total Sq Ft: 3088

Levels: "Two"

Living Area: 3088

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Year Built: 1972

Appliances & Equipment

Appliances: "Dishwasher", "Refrigerator", "Microwave"

Home Owner's Association

Association Fee: 106

Association Fee Frequency: Quarterly

Association YN: t

Has Association Fee: Yes

HOA Transfer Fee: No

HOA Website: https://ehammersmith.com

Bathrooms

Bathrooms Total Integer: 4

Baths Full Additional: 0

Baths Full Basement: 0

Baths Half Additional: 0

Baths Half Basement: 0

Baths Three Quarters Additional: 0

Baths Three Quarters Basement: 0

Baths Three Quarters Lower: 0

Baths Three Quarters Upper: 0

Bedrooms

Bedrooms Total: 8

Location

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.886009

Longitude: -104.740517

MLS Area Major: Out of Area

Postal Code: 80917

State Or Province: CO

Street Dir Prefix: N

Street Name: Carefree

Street Number: 4625

Street Suffix: Cir

Subdivision Name: Candelwood

Unparsed Address: 4625 N Carefree Cir Colorado Springs CO 80917

Garage

Covered Spaces: 8

Garage Spaces: 8

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric", "Master Meter-Electric", "Separate Meter Electricity"

Gas: "Master Meter-Gas"

Is Water Meter Installed: Yes

Utilities: "Electricity Available", "Cable Available"

Schools

Elementary School: Penrose

High School: Mitchell

High School District: Colorado Springs 11

Middle Or Junior School: Sabin

Income

Gross Income: 70980

Net Operating Income: 64180

Heating

Heating: "Hot Water"

Heating YN: t

Unit One

Bedrooms Unit 1: 2

Est Sq Ft Unit 1: 772

Number Of Units Unit 1: 2

Rent Unit 1: $1,400

Total Baths Unit 1: 1

Unit Two

Bedrooms Unit 2: 2

Est Sq Ft Unit 2: 772

Number 2 Bedroom Units: 4

Number Of Units Unit 2: 1

Rent Unit 2: $1,450

Total Baths Unit 2: 1

Unit Three

Bedrooms Unit 3: 2

Est Sq Ft Unit 3: 772

Number Of Units Unit 3: 2

Rent Unit 3: $1,400

Total Baths Unit 3: 1

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1671

Tax Year: 2022

Water Features

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 291.45

Listing Id: 8239424

Listing Terms: "Cash", "Conventional", "1031 Exchange"

List Price: 900000

Mls Status: Active

Number Of Units Total: 4

Special Listing Conditions: "Private Owner"

Standard Status: Active

Laundry

Laundry Features: "Common Area"

Lot

Lot Size Acres: 0.2

Lot Size Area: 8600

Lot Size Square Feet: 8600

Lot Size Units: Square Feet

Expenses

Operating Expense: 6800

Parking

Other Parking: Parking Per Unit(2 Spaces/Unit)

Exterior Features

Patio And Porch Features: "Patio"

Tenant Pays

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

Monthly cost

Estimated monthly cost

$5,548/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$846,000

+$27,000

$873,000

Seller agent commission$27,000 (3%)*

$0 (0%)

Buyer agent commission$27,000 (3%)*

$27,000 (3%)*

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

Get $27,000 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: Apr 19, 2024 at 10:21 a.m.

Data updated: Jul 25, 2023 at 8:44 p.m.

Courtesy of Michael Tilley, TRADEWIND REAL ESTATE LLC 970-568-8162
This content last updated on 07/25/2023. 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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