3445 Cochran Drive

Colorado Springs, CO 80916
Beds
8
Square Ft.
3,536
$760,000
Excellent investment opportunity in Colorado Springs! This multi-family property features a 4-unit configuration, offering strong potential for cash flow and long-term appreciation. Built in 1984 with approximately 3,536 sq ft, the property sits on a 8,075 sq ft lot and is located within the established Cochran Subdivision. Pass through expenseRead MoreRead Less
Market LogoCourtesy of Coldwell Banker Realty BK [email protected]
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
3,536
Lot Size
0.19 Acres
Year Built
1984
MLS Number
5591151
30 Days Snapshot Of 80916
$319k
+10%
(avg) sold price
4
-42%
homes sold
44
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Owner Pays
Ownership: Corporation/Trust, Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes
Appliances & Equipment
Dishwasher, Disposal, Range, Refrigerator
Basement
Basement, Daylight, Finished
Building
Above Grade Finished Area: 1768, Below Grade Finished Area: 1768, Construction Materials: Stucco, Wood Siding, Entry Location: Stairs, Levels: Two, Living Area: 3536, Occupant Type: Tenant, Structure Type: Quadruplex, Total Area: 3536, Unit Count: 4, Unit Types: Array, Array, Array, Array, Built in 1984
Cooling
Cooling: None, Other
Disclosures
Exclusions: Tenants’ personal property. Any appliances or fixtures owned by tenants. Washer and Dryer appliances in all units.
Expenses
Operating Expense Includes: Advertising, Maintenance, Professional Management, Real Estate Tax, Utilities, Operating Expense: $14,696
Exterior Features
Features: Private Yard, Patio And Porch Features: Front Porch
Fence
Fencing: Partial
Fireplaces
4 fireplaces, Fireplace Features: Family Room, Wood Burning
Floors
Flooring: Vinyl
Heating
Heating: Forced Air
Home Owner's Association
Home Owners Association, Association Name: Cochran Subdivision Homeowners Association, Association Fee: $875, Association Fee Total Annual: $875, Association Fee Annual: 875.00, Association Fee Frequency: Annually, Association Management Type: Professionally Managed, Association Fee Includes: Snow Removal, Trash, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 50104.08, Gross Income: $64,800
Interior Features
Features: Ceiling Fan(s), Laminate Counters
Lot
Acres: 0.19, Area: 8075, Parcel Number: 64353-08-233, Square Feet: 8075
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 6, Carport Spaces: 0, Offstreet Spaces: 6, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: Asphalt
Property
Livable Structure Count: 0, Out Building Count: 0, Property Condition: Updated/Remodeled, Property Sub Type: Quadruplex, Zoning: PDZ AO
Roof
Roof: Composition
Sewer
Sewer: Public Sewer
Taxes
Annual Amount: 1814, Legal Description: LOT 2 COCHRAN SUBDIVISION COLO SPGS, Tax Year: 2024
Tenant Pays
Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water
Utilities
Electric: 220 Volts, Power Production Count: 0, Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Phone Connected, Utility Billing To Tenants: Separate Bill from Owner, Utility Metering: Common Water, Separate Electric, Separate Gas, Water Source: Public
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.