3014 Mallard, Colorado Springs, CO 80910
Local realty services provided by:LUX Real Estate Company ERA Powered
3014 Mallard,Colorado Springs, CO 80910
$622,000
- - Beds
- - Baths
- 3,360 sq. ft.
- Multi-family
- Active
Listed by: charles burkhart
Office: marcus & millichap real estate investment services of atlanta, inc.
MLS#:9048564
Source:ML
Price summary
- Price:$622,000
- Price per sq. ft.:$185.12
About this home
3014 Mallard Drive is a four-unit multifamily property in Colorado Springs offered at $622,000, or $155,500 per unit. The property offers immediate upside through below-market rents and a vacant, turn-ready two-bedroom unit, allowing a new owner to capture market rents as leases roll. Recent improvements, including a replaced central boiler and new flooring in three units, reduce near-term capital needs, while professional management and utility reimbursements are already in place. Priced below comparable four-plex sales and eligible for conventional 30-year residential financing, the property provides a compelling opportunity to increase income with limited additional renovation.
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Home facts
- Year built:1969
- Subdivision & Development:Park Hill
- Listing ID #:9048564
Rooms and interior
- Living area:3,360 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard
Structure and exterior
- Roof:Membrane
- Year built:1969
- Building area:3,360 sq. ft.
- Construction Materials:Brick, Stucco
- Levels:1 Story
Schools
- High school:Mitchell
- Middle school:Galileo
- Elementary school:Rogers
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$622,000
- Price per sq. ft.:$185.12
- Tax amount:$2,146
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