4310 Loomis Avenue, Colorado Springs, CO 80906
Local realty services provided by:ERA New Age
4310 Loomis Avenue,Colorado Springs, CO 80906
$530,000
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: kasia vermiglio
Office: humble bee realty llc.
MLS#:8938940
Source:ML
Price summary
- Price:$530,000
About this home
Exceptional investment opportunity in unincorporated El Paso County! This 10-bed, 4-bath fourplex offers strong income potential with a flexible rental model. Featuring two 3-bedroom units and two 2-bedroom units, each space is uniquely designed and has previously operated as successful Airbnb units, providing both short-term and long-term rental versatility.
The property has a proven rental history and has been well maintained, with key improvements including a Class 4 roof, updated mechanicals, and completed mold remediation for added peace of mind.
Currently, the owner covers utilities and WiFi, offering an immediate value-add opportunity for investors to increase cash flow by transitioning to tenant-paid utilities. Additional income potential exists with the installation of coin-operated laundry and further operational optimization.
Situated on an oversized lot with room for additional parking or future expansion, this property also benefits from strong seasonal demand, with higher occupancy and rental income during peak summer months. Located in a desirable area with convenient access to Colorado Springs amenities, this is a rare opportunity to acquire a high-performing asset with multiple revenue strategies....
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Home facts
- Year built:1972
- Listing ID #:8938940
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Flooring:Carpet, Concrete, Vinyl
- Kitchen Description:Microwave, Range, Range Hood, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
Heating and cooling
- Cooling:Air Conditioning-Room
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1972
- Construction Materials:Frame, Wood Siding
- Exterior Features:Deck, Fire Pit, Patio, Private Yard
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Harrison
- Middle school:Fox Meadow
- Elementary school:Otero
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$530,000
- Tax amount:$2,645 (2024)
Features and amenities
- Laundry features:Common Area, Dryer, Washer
- Amenities:Carbon Monoxide Detector(s), Gas Water Heater, Security System, Smart Locks, Smoke Detector(s)
Parking
- Total parking spaces:6
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