Courtesy of Exp Realty LLC. 888-440-2724
Completely updated fourplex just minutes from downtown Fountain and a 10-minute drive to Colorado Springs. Basically everything is new - completely new kitchens, windows, flooring, paint, plumbing fixtures, and a new backyard fence with four private yards, one for each unit. Two of the units even have new PEX piping throughout. Over $200,000 of upgrades have been done in the last 2 years. All four units are rented, and the property is professionally managed. This is a perfect investment property for someone who wants a low-maintenance, turnkey investment. Cap rate of 5.7%, or 6.4% if you choose to manage the property yourself. Wouldn't it be nice to own an income property that's already had all the work done to it? Come see for yourself!

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS.