931 Cheyenne Boulevard, Colorado Springs

FOURPLEX GEM!! This unique property should be a part of your portfolio and is turnkey! Each unit holds its own charm and coziness with several updates throughout not to mention longtime reliable tenants in place. Did I mention respectful and low maintenance tenants that take pride in each of their units? Three of the four tenants have leases through 6/2025. The fourth unit is available 7/2024 and would be perfect timing for an owner occupy purchase. Some improvements include stainless steel appliances, newer hot water heaters, newer roof, newer 18'x 8' deck, laminate flooring, one unit has new windows, ADT alarm system on one unit, plumbing for an automatic sprinkler system, butcher block counter tops in one unit, breakfast bar in three units and fresh paint in two units. Find ample off street parking with 22'x19'x7' covered parking for two units, large front yard with mature trees and patio, storm doors on each unit and a fenced common area for pets. This opportunity is prime real estate in the Cheyenne D-12 district at the base of Cheyenne canyon in Colorado Springs.

RE/MAX Properties Inc.

Essential Information

MLS® #4865533

Price$699,000

Bedrooms6

Bathrooms4.00

Square Footage1,885

Acres0.26

Year Built1954

TypeIncome

Sub-TypeQuadplex

StyleTraditional

StatusActive

Community Information

Address931 Cheyenne Boulevard

SubdivisionJ E M Sub

CityColorado Springs

CountyEl Paso

StateCO

Zip Code80905

Amenities

ViewMountain(s)

Utilities

Cable Available, Electricity Connected, Natural Gas Connected

Interior

CoolingAir Conditioning-Room

StoriesOne

Has BasementYes

Interior Features

Breakfast Nook, Butcher Counters, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Solid Surface Counters, Utility Sink

Appliances

Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator

Heating

Baseboard, Electric, Forced Air, Natural Gas

Basement

Exterior Entry, Finished, Walk-Out Access

Exterior

Exterior FeaturesDog Run

RoofComposition

Lot Description

Irrigated, Landscaped, Level, Sprinklers In Front

School Information

DistrictCheyenne Mountain 12

ElementarySkyway

MiddleCheyenne Mountain

HighCheyenne Mountain

Additional Information

Date ListedApril 3rd, 2024

ZoningR1-6

Parking Spaces8

ParkingDriveway-Dirt

Listing Details

RE/MAX Properties Inc

Property History

Apr. 11Price Reduced from $750,000 to $699,000