Property Back to Results Property

3014 Mallard Dr, Colorado Springs, CO 80910

$622,000
: 3,360
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $622,000
Type: Multifamily
Property Sub Type: Quadruplex
Status: ACTIVE
MLS Number: 9048564
Sqft Total: 3,360
Year Built: 1969

Refine Search

Property Description

3014 Mallard Drive is a four-unit multifamily property in Colorado Springs offered at $622,000, or $155,500 per unit. The property offers immediate upside through below-market rents and a vacant, turn-ready two-bedroom unit, allowing a new owner to capture market rents as leases roll. Recent improvements, including a replaced central boiler and new flooring in three units, reduce near-term capital needs, while professional management and utility reimbursements are already in place. Priced below comparable four-plex sales and eligible for conventional 30-year residential financing, the property provides a compelling opportunity to increase income with limited additional renovation.

(303) 522-8226

Search All Properties

Additional Information

Tax Amount: $2,146
Sewer: Public Sewer
Heating: Baseboard
Cooling: Central Air
School District: Colorado Springs 11
Elementary School: Rogers
Middle Or Junior School: Galileo
High School: Mitchell