3310 Cochran Drive Colorado Springs, CO $ 695,000
3310 Cochran Drive
$ 695,000
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3310 Cochran Drive

Colorado Springs, CO, 80916
$ 695,000
Bedrooms8 Baths4.0 Sq 3,536

Monthly Estimate*

$ 4,855

Listed by The Cutting Edge
3310 Cochran Drive, Colorado Springs, CO 80916 - Image 1
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3310 Cochran Drive, Colorado Springs, CO 80916 - Image 12

Multi-Family Home for sale in Colorado Springs, CO

for $695,000 with 8 bedrooms and 4 full baths. This 3,536 square foot home was built in 1985.

An exceptional investment opportunity awaits in this well-maintained 4-plex! Each of the four units boasts a comfortable 2-bed, 1-bath layout, spanning 884 square feet of thoughtfully designed living space. Presenting a hassle-free investment, all units are currently rented, ensuring immediate rental income for savvy investors. Strategically situated in close proximity to the airport, this property offers convenience and accessibility, making it an ideal choice for tenants. The prime location not only enhances its appeal to current occupants but also positions it as a magnet for prospective renters. With a solid foundation of reliable tenants already in place, this 4-plex presents an attractive investment opportunity, assuring a steady income stream. Alternatively, for those seeking to make their mark in the rental market, there is the potential to attract new tenants and further optimize returns. Don't miss the chance to add this turnkey 4-plex to your investment portfolio!

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Multi-Family Pending

Price

$ 695,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,502

Style

Quadruplex

Year Built

1985

Town/City

Colorado Springs

County/Region

El Paso

MLS | Web ID

2896897

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected
Possession Closing/DOD Immediate
Roof Composition
Appliances Dishwasher Oven Range Refrigerator
Zoning PUD AO
HOA 800
Garage Spaces 0
Construction Materials Frame
Exclusions Tenants personal property. Any Washer/Dryer currently in unit belongs to tenants and are tenants responsibility.
Year Built 1985
Electric 110V
Tenant Pays Cable TV Electricity Gas Internet Telephone
Levels Two
Property SubType Quadplex
Tax Year 2022
Percent Ownership Individual
Assoc Fee Paid Per Annually
County El Paso
Property Type Residential Income
HOA / Comm Assn Y
Attached Garage N
Contingency None Known
Subdivision Name Cochran
Status Pending
Directions Powers South to Hancock. Right to Drennan Dr Dr. Left to Cochran Dr. Turn Right into the complex.
High School Harrison
City Colorado Springs
Buyer Agent Compensation 2.5
Association Name Cochran Subdivision HOA
Senior Community Y/N N
High School District Harrison 2
Carport Spaces 0
Street Name Cochran
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
Elementary School Stratmoor Hills
Tax Annual Amount 1502
Middle/Junior High School Fox Meadow
Property Condition Updated/Remodeled
Structure Type Quadruplex
Standard Status Pending
Occupancy Description Tenant
Middle/Junior School District Harrison 2
Elementary School District Harrison 2
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt
Water Source Public
Total Parking 0
Foundation Details Slab
Building Area Total 3536
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Interior
Total Fireplaces 4
Common Walls No Common Walls
Basement (Y/N) N
Above Grade Finished Area 3536
Street Suffix Drive
Laundry Features In Unit
Total Bedrooms 8
Total Baths 4
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Internal Only
Street Number 1 3310
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* Excluded Features
List By
The Cutting Edge

Broker

(719) 220-0541

Phone

Affordability Calculator

$4,980
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,855
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
4114905 Elementary School
3043278 Middle School
Harrison High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$695,000 -4.14% Price Down
3/18/2024$725,000 Listed Price

Map


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3310 Cochran Drive, Colorado Springs, CO, 80916 is a Multi-Family Home for sale at $695,000 with 3,536 sqft. 3310 Cochran Drive has 8 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 80916 which is in Colorado Springs, CO