4380 Loomis AVE Colorado Springs, CO 80906
UPDATED:
02/18/2025 09:50 PM
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,428 sqft
Price per Sqft $212
Subdivision Tamarack Point Subdivision
MLS Listing ID 6498648
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,428
Originating Board recolorado
Year Built 1972
Annual Tax Amount $2,391
Tax Year 2023
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Quadplex
Property Description
upgrades, strategic location, and long-term investment potential. Each of the 2-bedroom, 1-bathroom units has undergone interior
renovations designed to enhance appeal and drive sustained rental demand. Significant exterior capital expenditures undertaken
by the current ownership include upgrades to the roof, HVAC systems, and common areas, ensuring the property is well positioned
for low-maintenance ownership with no significant upfront costs. Strategically situated near major industrial and retail developments, 4380 Loomis is perfectly suited for workforce housing. The property also benefits from its proximity to premier Colorado Springs attractions, including the renowned Broadmoor Hotel and Fort Carson, further solidifying its appeal to tenants. This turnkey investment opportunity blends quality, location, and future income potential, making it a standout addition to any portfolio.
Location
State CO
County El Paso
Zoning RM-30
Interior
Heating Hot Water
Cooling None
Fireplace N
Laundry Common Area
Exterior
Exterior Feature Balcony
Roof Type Architecural Shingle
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Stratmoor Hills
Middle Schools Fox Meadow
High Schools Harrison
School District Harrison 2
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA