Colorado Springs, CO 80906 4380 Loomis Ave
$699,000
39 more
Presented By: NAV Real Estate; 719-464-0148
Beds • 8
Baths • 4
SQFT • 3,428
Garage • 10
Home Details
Prime Investment opportunity in this fully leased updated turnkey Stratmoor Hills quadplex, making it an ideal addition to your real estate portfolio, VA assumable is offered as well. Each of the four units have all had recent interior renovations that include flooring, paint, doors, kitchen cabinets, sinks and stainless steel appliances. Exterior upgrades include roof(class 4 hail), Laars Mini-Therm 2, 200k btu boiler 10/2023 and water heater, ensuring that the property is well positioned for low maintenance and no significant upfront costs. Each of the 4 units features two bedrooms, one bathroom. Ample space for vehicles is offered with off-street space for up to 10 cars and trucks. Well established area with strong rental demand and prime central location within Colorado Springs provides close proximity to the Army base, schools, Cheyenne Meadows Park and Broadmoor Hotel.
Presented By: NAV Real Estate; 719-464-0148
Interior Features for 4380 Loomis Ave
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3428
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
General for 4380 Loomis Ave
AppliancesDishwasher, Microwave, Disposal
Attached Garage No
Cap Rate5.789999
CityColorado Springs
Construction MaterialsWood/Frame
CoolingCeiling Fan(s)
CountyEl Paso
DirectionsFrom Lake ave, turn south on Venetucci Blvd, keep right to B street, turn right onto Crestridge Ave, turn left onto Loomis Ave, property is on the right.
ElectricElectric, Separate Meter Electricity
Elementary SchoolStratmoor Hills
ExclusionsTenants personal property.
Garage Spaces10
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income63600
HOANo
HeatingBaseboard
High SchoolHarrison
High School DistrictHarrison 2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet9583
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolFox Meadow
Net Operating Income42250
New ConstructionNo
Number Of Units Total4
Operating Expense18170
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameTAMARACK POINT SUBDIVISION
Tax Annual Amount3117
Tax Year2024
Tenant PaysElectricity
UtilitiesElectricity Available, Cable Available
Waterfront Y/NNo
Year Built1972
ZoningRM-30
Exterior for 4380 Loomis Ave
Building Area Total3428
Covered Spaces10
Exterior AmenitiesBalcony
Horse Y/NNo
Lot Size Acres0.22
Lot Size Area9583
SpaNo
Water SourceCity Water
Additional Details
Price History
Schools
Middle School
Fox Meadow Middle School
High School
Harrison High School
Elementary School
Stratmoor Hills Elementary School
