4414 North Chestnut Street

Colorado Springs, CO 80907

$700,000
Last Sold Price
6
Beds
4
Baths
2,764 Sq. Ft.
$253 / Sq. Ft.
2,764
Sq. Ft.
$253
per Sq. Ft.

Description

OPEN HOUSE AUGUST 4th 1-3pm
Please Park on the street and come say hi. Welcome to your next 4-unit rental property! This south-facing gem is bathed in natural light and offers ample room for growth. Perfectly suited for both first-time investors and seasoned professionals looking to expand their portfolio, 4414 N Chestnut has a strong rental history and has been well maintained. This versatile property can serve as a pure investment, enhancing your portfolio, or you can take advantage of residential
...OPEN HOUSE AUGUST 4th 1-3pm

Please Park on the street and come say hi. Welcome to your next 4-unit rental property! This south-facing gem is bathed in natural light and offers ample room for growth. Perfectly suited for both first-time investors and seasoned professionals looking to expand their portfolio, 4414 N Chestnut has a strong rental history and has been well maintained. This versatile property can serve as a pure investment, enhancing your portfolio, or you can take advantage of residential financing to live in one of the units while upgrading the others. Enjoy the benefits of steady rent increases over time, or convert these units to meet the high demand for medium-term rentals in the Springs. Located within walking and driving distance of shops, amenities, and major hospitals, this property is a phenomenal investment opportunity. Don’t miss out on this fantastic chance to own a highly desirable rental property.

100% occupied

interior pictures have been professionally virtually staged
  1. Listed by David Miller • Atlas Real Estate Group • david.miller@realatlas.com,917-750-2178

Property Details for 4414 North Chestnut Street

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Holland Park Sub 2
Association
No
Multiple Associations
No
Basement
No
LISTING UPDATED: 09/30/2024 04:39 PM

Property Details for 4414 North Chestnut Street

StatusClosed
MLS #5292542
Days on Compass16
Taxes$1,945 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.19 AC / 8,135 SF
CountyEl Paso County

Building Information for 4414 North Chestnut Street

Stories-Residences-Year Built1967Building Size-Lot Size0.19 AC / 8,135 SF

Property Information for 4414 North Chestnut Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2764
  • Sqft Total: 2764
  • Living Area (SqFt Finished): 2764
  • Above Grade Finished Area: 2764
  • Living SqFt: 2764
  • Area Source: Public Records
  • PSF Total: 253
  • PSF Above Grade: 253
  • PSF Finished: 253
  • Master on Main: No
  • Heating: Forced Air
  • Cooling: Other
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 6
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,080.00
  • Beds Total: 1
  • Baths Total: 1
Unit 2
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,080.00
  • Numberof Parking Per Unit: 1
  • Beds Total: 1
  • Baths Total: 1
Unit 3
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,200.00
  • Numberof Parking Per Unit: 1
  • Beds Total: 2
  • Baths Total: 1
Unit 4
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,200.00
  • Numberof Parking Per Unit: 1
  • Beds Total: 2
  • Baths Total: 1
Parking
Parking
  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Type: Parking Lot
  • Parking Description: Parking Lot-6
  • Parking Details: 6
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 6
  • Parking Count: 6
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Jackson
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School: Holmes
  • Middle Or Junior School District: Colorado Springs 11
  • High School: Coronado
  • High School District: Colorado Springs 11
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 8135
  • Zoning: R5
  • Property Exclusions: Washer/Dryer are leased through a third party company and they own the machines. Everything else comes with the purchase.
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame, Wood Siding
  • Roof: Composition
  • Patio And Porch Features: Covered
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Electricity Not Available, Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Electric: Electric

Property History for 4414 North Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4414 North Chestnut Street

Taxable ValueLand$8,010Additions$40,670Total$48,680
Tax Record2023$2,466 ($205 / month)
Home Facts
Total Finished SqFt2,764 SqFtAbove Grade Finished SqFt2,764 SqFtStories2Lot Size8,135 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967ZoningR5CountyEL PASOAPN7325108042

Schools near 4414 North Chestnut Street

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

Holmes Middle School
Public6 to 8

Coronado High School
Public9 to 12

CIVA Charter 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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Similar Sold Homes

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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.

Listing Courtesy of Atlas Real Estate Group, David Miller

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.