1617 N Chestnut St

Colorado Springs, CO 80907
Square Ft.
3,802
$999,050
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring,Read MoreRead Less
Courtesy of Shawn Keehn, COLDWELL BANKER 1ST CHOICE REALTY, [email protected],719-439-1651.
Listing Snapshot
Days Online
145
Last Updated
Property Type
Income Property
Square Ft.
3,802
Lot Size
0.4 Acres
Year Built
1919
MLS Number
9011885
30 Days Snapshot Of 80907
$541k
+1%
(avg) sold price
5
-16%
homes sold
31
-60%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 3802, Building Area Total: 3802, Construction Materials: "Stucco", Total Sq Ft: 3802, Levels: "Two", Living Area: 3802, Living Area Source: Appraiser, Living Area Units: Square Feet, Stories: 2, Year Built: 1919
Property Access
Accessibility Features: "Level Lot"
Appliances & Equipment
Appliances: "Dishwasher", "Refrigerator", "Washer", "Dryer"
Basement
Basement: "Full", "Partially Finished"
Cooling
Cooling: "Ceiling Fan(s)", Cooling YN: t
Utilities
Electric: "Electric", Utilities: "Electricity Available"
Fence
Fencing: "Fenced"
Fireplaces
Fireplace Features: "None"
Heating
Heating: "Hot Water", Heating YN: t
Unit One
Bedrooms Unit 1: 2, Est Sq Ft Unit 1: 1043, Number 1 Bedroom Units: 1, Rent Unit 1: $1,500, Total Baths Unit 1: 1
Unit Two
Bedrooms Unit 2: 1, Est Sq Ft Unit 2: 616, Number 2 Bedroom Units: 2, Rent Unit 2: $1,100, Total Baths Unit 2: 1
Unit Three
Bedrooms Unit 3: 3, Est Sq Ft Unit 3: 1315, Number 3 Bedroom Units: 1, Rent Unit 3: $2,200, Total Baths Unit 3: 2
Unit Four
Bedrooms Unit 4: 2, Est Sq Ft Unit 4: 828, Rent Unit 4: $1,800, Total Baths Unit 4: 1
Property
Crops: None, Property Condition: "Not New, Previously Owned", Property Sub Type: Income Property, Property Type: Residential Income
Garage
Garage Type: None
Home Owner's Association
Has HOA Covenants: t
Taxes
Has Metro Tax District: No, Tax Annual Amount: 2640, Tax Year: 2023
Water Features
Has Water Rights: No, Water Source: "City Water"
Lot
Lot Features: "Corner Lot", "Level", Lot Size Acres: 0.4, Lot Size Area: 17424, Lot Size Square Feet: 17424, Lot Size Units: Square Feet
Parking
Other Parking: Parking Per Unit(Less Than 1)
Tenant Pays
Tenant Pays: "Gas", "Electricity", "Water", "Trash Collection"
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Adam Schwartz
REALTOR®
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