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Buy a multi-family propertyat 3522 Indianpipe Circle, Colorado Springs, CO 80918

$525,000

$0/mo

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Residential

1,960 Sq. Ft.

9,788 Sq. Ft. lot

4 Bedrooms

4 Bathrooms

275 Days on market

8912943 MLS ID

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About 3522 Indianpipe Circle multi-family property

Superb side-by-side duplex centrally located between Academy and Union corridors! Great investment property in desirable Meadowland subdivision east of UCCS. Passive income opportunity: live in one side and rent the other, or rent them both! Both units offer 2 bedrooms, 2 bathrooms, laundry, deck, and 1-car Garage. Roomy Living Room with bay window, Kitchen, and Dining area offer plenty of space for everyone. 2 Bedrooms are upstairs along with full shared bath. Primary Bedroom has 3 closets! Dining area has slider to back deck making barbecuing and entertaining a breeze. Each unit has blinds, ceiling fan, refrigerator, range/oven, disposal, dishwasher, and washer/dryer hookups. Each has its own furnace, hot water heater, forced air heating, central air conditioning, meter, & breaker box. Mature trees provide nice shade in the summer. Very convenient location allows quick access to Academy and Union corridors for an easy commute to just about anywhere. Everything is close: shopping, UCCS, schools, hospital, restaurants, & amenities. Residents will enjoy the views of Pikes Peak! Even better, there are 2 parks nearby, including 25+ miles of hiking trails in Palmer Park! Don’t delay seeing this investment property…duplexes of this quality don’t come up often!
Superb side-by-side duplex centrally located between Academy and Union corridors! Great investment property in desirable Meadowland subdivision east of UCCS. Passive income opportunity: live in one side and rent the other, or rent them both! Both units offer 2 bedrooms, 2 bathrooms, laundry, deck, and 1-car Garage. Roomy Living Room with bay window, Kitchen, and Dining area offer plenty of space for everyone. 2 Bedrooms are upstairs along with full shared bath. Primary Bedroom has 3 closets! Dining area has slider to back deck making barbecuing and entertaining a breeze. Each unit has blinds, ceiling fan, refrigerator, range/oven, disposal, dishwasher, and washer/dryer hookups. Each has its own furnace, hot water heater, forced air heating, central air conditioning, meter, & breaker box. Mature trees provide nice shade in the summer. Very convenient location allows quick access to Academy and Union corridors for an easy commute to just about anywhere. Everything is close: shopping, UCCS, schools, hospital, restaurants, & amenities. Residents will enjoy the views of Pikes Peak! Even better, there are 2 parks nearby, including 25+ miles of hiking trails in Palmer Park! Don’t delay seeing this investment property…duplexes of this quality don’t come up often!

Property details

Property Access

Road Frontage Type: "Public"

Road Responsibility: "Public Maintained Road"

Road Surface Type: "Paved"

Appliances & Equipment

"Dishwasher", "Disposal", "Oven", "Range", "Refrigerator"

Basement

Bathrooms: 0

Bedrooms: 0

Bathrooms

4 total baths

2 half baths

2 full baths

2 bathrooms on the main level

2 bathrooms on the upper level

Bedrooms

4 total bedrooms

4 bedrooms on the upper level

Building

Above Grade Finished Area: 1960

Common Walls: "1 Common Wall"

Construction Materials: "Brick", "Frame", "Wood Siding"

Entry Level: 1

Entry Location: Ground

Levels: "Two"

Living Area: 1960

Room Count: 16

Structure Type: "Duplex"

Total Area: 1960

Built in 1970

2 total units

Cooling

Cooling: "Central Air"

Disclosures

Attribution Contact: bernie@sroshek.com,719-687-1531

Exclusions: washer and dryer, tenants personal property

Restrictions Covenants: Other

Exterior Features

Patio And Porch Features: "Deck"

Fence

Fencing: "Partial"

Floors

Flooring: "Carpet", "Linoleum"

Garage

2 garage spaces

Heating

Heating: "Forced Air", "Natural Gas"

Home Owner's Association

Association Fee Total Annual: $0

Association Fee Annual: 0.00

Association Fee 2 Annual Expense: 0.00

Association Fee 3 Annual Expense: 0.00

Interior Features

Features: "Ceiling Fan(s)", "Laminate Counters"

Laundry

Features: "In Unit"

Listing

Listing Id: REC8912943

Standard Status: Active

Mls Status: Active

Listing Contract Date: 2023-07-26

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

Original List Price: $525,000

Special Listing Conditions: "None"

Location

County Or Parish: El Paso

Subdivision Name: Garden Ranch

Lot

Acres: 0.22

Area: 9788

Parcel Number: 63271-12-015

Square Feet: 9788

Energy Saving

Green Verification Count: 0

Owner Pays

Ownership: Individual

Parking

Parking Total: 2

Carport Spaces: 0

Offstreet Spaces: 0

Reserved Spaces: 0

RV Spaces: 0

Parking Count: 1

Features: "Concrete"

Possession

"Closing/DOD"

Property

Current Use: "Live/Work"

Incorporated

Property Sub Type: Multi-Family

Zoning: R2

Roof

Roof: "Composition"

Schools

School Of Choice

Elementary School: Grant

Elementary School District: Colorado Springs 11

Middle Or Junior School: Mann

Middle Or Junior School District: Colorado Springs 11

High School: Mitchell

High School District: Colorado Springs 11

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: 982

Legal Description: LOT 12 EX SELY 4.0 FT BLK 12 GARDEN RANCH SUB MEADOWLAND ADD 1 FIL 2

Tax Year: 2022

Utilities

Power Production Count: 0

Utilities: "Electricity Connected", "Natural Gas Connected"

Water Source: "Public"

Windows

Window Features: "Bay Window(s)"

Monthly cost

Estimated monthly cost

$3,236/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$493,500

+$15,750

$509,250

Seller agent commission$15,750 (3%)*

$0 (0%)

Buyer agent commission$15,750 (3%)*

$15,750 (3%)*

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

Get $15,750 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:38 p.m.

Data updated: Jul 27, 2023 at 8:05 p.m.

Courtesy of COLDWELL BANKER 1ST CHOICE REALTY bernie@sroshek.com,719-687-1531
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the IDX Logo. This information is being provided for the consumers\’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

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Listing Information © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

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