2587 Hatch Circle

Colorado Springs, CO 80918

$339,900
Price
3
Beds
4
Baths
1,997 Sq. Ft.
$170 / Sq. Ft.
1,997
Sq. Ft.
$170
per Sq. Ft.

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...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.
  1. Listed by Scott Reinmuth • ACQUIRE HOMES INC. • scott@acquirehomes.com,719-321-5300
  2. Listed by Rob Reinmuth • ACQUIRE HOMES INC.

Property Details for 2587 Hatch Circle

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Cottonwood Creek
Association
Yes
Multiple Associations
No
Basement
Yes
LISTING UPDATED: 11/12/2024 09:35 AM

Property Details for 2587 Hatch Circle

StatusActive
MLS #8934650
Days on Compass46
Taxes$1,207 / year
HOA Fees$4,080 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.03 AC / 1,306 SF
CountyEl Paso County

Building Information for 2587 Hatch Circle

Stories-Residences-Year Built1986Building Size-Lot Size0.03 AC / 1,306 SF

Property Information for 2587 Hatch Circle

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 1997
  • Sqft Total: 1997
  • Living Area (SqFt Finished): 1985
  • Above Grade Finished Area: 1403
  • Living SqFt: 1403
  • Sq Ft Apx: 582
  • Below Grade Unfinished Area: 12
  • Area Source: Public Records
  • PSF Total: 170
  • PSF Above Grade: 242
  • PSF Finished: 171
  • Master on Main: No
  • Entry Location: Exterior Access
  • Direction Faces: South
  • Basement: Finished, Full, Interior Entry
  • Fireplaces Total: 1
  • Fireplace Features: Gas Log, Living Room
  • Heating: Forced Air, Natural Gas
  • Cooling: Other
  • Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Wet Bar
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Flooring: Carpet, Laminate, Linoleum, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Laundry Features: In Basement
Financials & Expenses
Fees & Restrictions
  • Pets Allowed: Yes
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 3
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,975.00
  • Unit Average Sq Ft: 1997
  • Beds Total: 3
  • Baths Total: 4
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Parking
Parking
  • Parking Features: Dry Walled
  • Attached Garage: Yes
  • Parking Type: Garage (Attached)
  • Parking Description: Garage (Attached)-2
  • Parking Details: 2
  • Parking Total: 1
  • Garage Spaces: 2
  • Offstreet Spaces: 0
  • Parking Count: 2
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Includes: Irrigation, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash
  • Association Fee Total Annual: $4,080
  • Association Amenities: Clubhouse, On Site Management, Parking, Pool, Tennis Court(s)
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Pioneer
  • Elementary School District: Academy 20
  • Middle Or Junior School: Mountain Ridge
  • Middle Or Junior School District: Academy 20
  • High School: Rampart
  • High School District: Academy 20
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 1307
  • Lot Features: Landscaped, Many Trees
  • Waterfront Features: Stream
  • Property Exclusions: Seller & Tenant Personal Property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Wood Siding
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Exterior Features: Lighting, Rain Gutters, Tennis Court(s)
  • Patio And Porch Features: Patio
  • Pool Features: Outdoor Pool
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Electric: Electric

Property History for 2587 Hatch Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2587 Hatch Circle

Taxable ValueLand$4,860Additions$20,240Total$25,100
Tax Record2023$1,207 ($101 / month)
Home Facts
Beds3Total Finished SqFt1,982 SqFtAbove Grade Finished SqFt1,403 SqFtFinished Basement SqFt579 SqFtStories2Lot Size1,188 SqFtStyleTownhouseYear Built1986ZoningPUDCountyEL PASOAPN6309414021Fireplace TypeHas Fireplace

Schools near 2587 Hatch Circle

This home is within Academy School District No. 20 in the County of EL Paso An.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Pioneer Elementary School
PublicK to 5

Mountain Ridge Middle School
Public6 to 8

Rampart High School
Public9 to 12

The Classical Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2587 Hatch Circle is a multi-family home for sale in Colorado Springs, CO 80918. This property was listed for sale on October 7, 2024 by ACQUIRE HOMES INC., it's currently listed at $339,900. It has been on the market for a total of 46 days and was last sold on February 18, 2011. This listing's school district is Academy School District No. 20 in the County of EL Paso An. Nearby schools include Pioneer Elementary School, Mountain Ridge Middle School and Rampart High School. 2587 Hatch Circle is a 3-bed, 4-bath, 1,997 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ACQUIRE HOMES INC., Scott Reinmuth; ACQUIRE HOMES INC., Rob Reinmuth

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.