455 W Van Buren St, Colorado Springs, CO, 80907

Income-producing fourplex with immediate cash flow: 3 of 4 units are currently tenant occupied. The vacant unit features central air and additional updates, offering an ideal owner-occupant opportunity or added rental income potential. Tenants pay their own gas and electric. Property includes four separate furnaces and four separate water heaters, plus an additional water heater serving the owner-owned coin-operated laundry area. Located in a beautiful mature treed neighborhood near Penrose Hospital, parks, schools, and the Santa Fe Regional Trail. Recent exterior paint, LVP flooring, and fireplaces in all units add to the appeal. Each unit also includes an additional locked storage closet. Some bedrooms retain existing carpet flooring. Current average monthly expense for the house meter (water, sewer, and common electric) is approximately $250/month.