2587 Hatch CIR, Colorado Springs, CO 80918 - MLS#8934650

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Joseph Newman

joseph@thecoloradobroker.com +1(720) 841-7010

$339,900

Est. payment - /mo

3 Beds

4 Baths

1,985 SqFt

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UPDATED:

11/12/2024 04:35 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,985 sqft

Price per Sqft $171

Subdivision Cottonwood Creek

MLS Listing ID 8934650

Bedrooms 3

Condo Fees $340

HOA Fees $340/mo

HOA Y/N Yes

Abv Grd Liv Area 1,403

Originating Board recolorado

Year Built 1986

Annual Tax Amount $1,206

Tax Year 2023

Lot Size 1,306 Sqft

Acres 0.03

Property Description

Income-Generating Townhome. This 3-bedroom, 3.5-bath townhome offers a fantastic opportunity for investors looking to add a high-demand rental property to their portfolio. Located in the desirable North Colorado Springs area, this freshly painted and carpeted townhome is situated in a thriving rental market, ensuring consistent tenant interest and steady cash flow potential. The open-concept main floor includes a bright living room with a sky light and a cozy gas fireplace. The kitchen offers all appliances, ample storage, and two windows, making it an appealing space for tenants. The upstairs includes two generously sized bedrooms, including a primary suite with a full bath, vaulted ceilings, & sky light. Loft space offers flexibility for tenants needing extra space for family or a home office. Outdoor Space: A fenced patio provides tenants with their own outdoor area, perfect for relaxation. The townhome includes a 2-car attached garage, in-unit laundry with washer/dryer, and central heating—features that are highly attractive to potential renters. HOA covers landscaping and snow removal, minimizing the maintenance requirements for property owners and ensuring the exterior is always well-kept. This property is located in the sought-after Cottonwood Creek area, close to schools, parks, shopping, and dining. With easy access to hiking trails, and major roadways like I-25 and Powers, it’s a convenient location that appeals to a wide range of renters. With rental demand strong in this area and the property offering many amenities in the community, this townhome is poised to generate consistent rental income. Whether you're a seasoned investor or just starting to build your real estate portfolio, this is an ideal opportunity to invest in a property with significant long-term value.

Location

State CO

County El Paso

Rooms

Basement Finished, Full, Interior Entry

Interior

Interior Features Ceiling Fan(s), High Ceilings, High Speed Internet, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Wet Bar

Heating Forced Air, Natural Gas

Cooling Other

Flooring Carpet, Laminate, Linoleum, Tile

Fireplaces Number 1

Fireplaces Type Gas Log, Living Room

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer

Laundry In Basement

Exterior

Exterior Feature Lighting, Rain Gutters, Tennis Court(s)

Parking Features Dry Walled

Garage Spaces 2.0

Pool Outdoor Pool

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Waterfront Description Stream

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Lot Description Landscaped, Many Trees

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Siding

Schools

Elementary Schools Pioneer

Middle Schools Mountain Ridge

High Schools Rampart

School District Academy 20

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Pets Allowed Yes

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Listed by ACQUIRE HOMES INC. • scott@acquirehomes.com,719-321-5300

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Joseph Newman

+1(720) 841-7010

The Colorado Broker | License ID: 069025

The Colorado Broker License ID: 069025