Northwest Colorado Springs Duplex
4402 & 4404 N Chestnut St
Colorado Springs, Colorado 80907
Income-producing duplex in Holland Park on Colorado Springs’ popular West-side. Current gross rental income is $1750/mo. Easy-to-Rent with excellent rental history. Upgraded double pane vinyl windows throughout. New tile floors in both kitchens. Ample off-street parking.
- Current rent $900/mo
- Newly remodeled – paint, carpet, bathroom
- 2 bed, 1 bath, 900sfqt
- Lower unit
- Current Rent $850/mo
- Clean, good condition, new bathroom
- 2 bed, 1 bath, 980sqft
- Upper unit
Both units have fireplaces, convenient front and back door entry, and newly tiled bathrooms. Convenient on-site laundry room. Furnaces 2001. Gas and electric separately metered, tenant-paid. Desirable D11 schools. Close to I-25 and Sinton Trail. Minutes to fast-expanding UCCS, Colorado Technical University, and businesses on Garden of the Gods Rd and Centennial Blvd. Close to El Paso County Citizens Services Center, VA Clinic, and various bus routes.
Additional opportunities to monetize include: Rent out the shed storage space in back, add coin-operated washer and dryer in the laundry area. This is an income-producing property in great condition. Water and sewer are jointly metered and paid by owner. Owner pays for trash service. Lower unit remodeled with new paint, carpet, lighting, and bathroom, ready for owner occupant or new tenant to move-in.