About This Home

This 0-bedroom, 0-bathroom multi-family at 6715 Pahokee Court #1-4 in Colorado Springs, CO is listed for $650,000. Built in 1973, on a 0.28 acres lot.

Key Features

  • Built in 1973
  • 0.28 acre lot

Property Details

#1-4
1973
Listing Description

INVESTMENT OPPORTUNITY | FOURPLEX | DISTRICT 49 | OWNER-OCCUPANT POTENTIAL Welcome to 6715 Pahokee Court, a well-maintained fourplex in Colorado Springs offering an excellent opportunity for both seasoned investors and owner-occupants looking to build equity while generating rental income.

This property features four spacious 2-bedroom, 1-bathroom units, providing a desirable and versatile floor plan for today's rental market. The building situated on .28 acres includes two upper-level units and two garden-level units, along with convenient additional storage lockers in a separate building.

The units have been well maintained, creating a solid foundation for an investor to continue operating the property while taking advantage of potential rent-roll improvement over time. A unique feature for an owner-occupant buyer: Unit #2 is being intentionally left vacant, providing the next owner with the opportunity to move into one of the units while retaining income from the remaining three apartments.

This makes the property particularly attractive for a buyer looking for a house-hacking strategy or someone who wants to live on-site while building a multifamily investment portfolio. The property is located in Cimarron Hills within, with convenient access to, Schriever Space Force Base, Powers Boulevard corridor, Palmer Park Boulevard and major east-side transportation routes. The surrounding area provides residents with easy access to shopping, restaurants, services, employment centers and everyday amenities.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

6715 Pahokee Court #1-4

Colorado Springs, CO 80915

Property Details

Heating

Hot Water(Heating)Baseboard

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 6715 Pahokee Court is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 0.28 acre lot.

This property is listed by Brian Fleischmann.

BF

Brian Fleischmann

Agent at ERA Shields Real Estate

Listed by ERA Shields Real Estate · Broker phone: (719) 593-1000 · View on Broker Site · Broker website

MLS# 6915464· Source: elevateMLS· 11 days on PropertySimple

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6715 Pahokee Court #1-4, Colorado Springs, CO 80915

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