3445 Cochran Active

Colorado Springs,CO 80916

$ 760000

8 Beds

4 Baths

3536 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,536 sqft

Price per Sqft $214

Subdivision Cochran

MLS Listing ID 8084218

Bedrooms 8

Year Built 1984

Annual Tax Amount $1,574

Tax Year 2024

Lot Size 8,276 Sqft

Property Description

3445 Cochran Dr, Colorado Springs is a 4-unit apartment building, including four two-bedroom, one-bathroom residences. Built in 1985 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, and perimeter fence. This property also come equipped with a wireless security camera system. Each unit boasts individual AC units, in unit washer and dryer hook ups and storage unit for personalized comfort. With its prime location 3445 Cochran St presents a turnkey investment opportunity with immediate cashflow. This property is perfect for first time home buyers and house hackers alike. Three of the units are fully leased through 2024. This allows the opportunity for investors to live in the available turnkey unit and enjoy the strong cashflow. This property offers a 7.51% cap rate!
For investors looking for more scale this ownership group is also offering 903 Boggs, 2115 Preuss, 2123 Pruess, 2135 Pruess and 1518 &1512 S Corona Ave, Colorado Springs.

Location

State CO

County El Paso

Interior

Heating Forced Air

Cooling None

Flooring Vinyl

Fireplaces Number 1

Fireplaces Type Family Room

Laundry In Unit

Exterior

Garage Asphalt

Utilities Available Internet Access (Wired)

Roof Type Architecural Shingle

Building

Story Two

Sewer Public Sewer

Water Public

Structure Type Stucco

Schools

Elementary Schools Turman

Middle Schools Carmel

High Schools Sierra High

School District Harrison 2

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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