4320 Airport Road

Colorado Springs, CO 80916

$725,000
Price
10
Beds
4
Baths
3,707 Sq. Ft.
$196 / Sq. Ft.
3,707
Sq. Ft.
$196
per Sq. Ft.

Description

Investment Opportunity!! 4320 Airport Rd is a Quadplex which consists of (2) 3 Bedroom, 1 Bath Units and (2) 2 Bedroom, 1 Bath Units and an on-site washer and dryer room. Situated on a large lot it provides the building with a large parking lot to accommodate 8 parking spaces(2 per unit) and a front area with mature trees and low maintenance landscaping. Enjoy immediate cash flow as the building is fully occupied. Centrally located to public transportation, restaurants, shopping, etc makes for high...Investment Opportunity!! 4320 Airport Rd is a Quadplex which consists of (2) 3 Bedroom, 1 Bath Units and (2) 2 Bedroom, 1 Bath Units and an on-site washer and dryer room. Situated on a large lot it provides the building with a large parking lot to accommodate 8 parking spaces(2 per unit) and a front area with mature trees and low maintenance landscaping. Enjoy immediate cash flow as the building is fully occupied. Centrally located to public transportation, restaurants, shopping, etc makes for high rental demand, future appreciation and steady rent increases. 4320 Airport Rd sets itself apart from other Quad's in the area because of its unit mix with (2) 3 bedroom units, which demand a higher rental rate, as most units in the area are 2 Bedroom units. Rare find - Don't let this one pass you by!

Listing Agent

  1. Elizabeth Roberts

    Elizabeth Roberts

    Alternative Listing Agent

    Compass

Amenities

  • Common Laundry
  • Garage
Add your commute
LISTING UPDATED: 04/11/2024 02:54 AM

Property Details for 4320 Airport Road

StatusActive
MLS #4502296
Days on Compass24
Taxes$1,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.23 AC / 10,140 SF
CountyEl Paso County
Add your commute

Building Information for 4320 Airport Road

Stories2Residences4Year Built1971Building Size-Lot Size0.23 AC / 10,140 SF

Payment Calculator

$4,087 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$130

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4320 Airport Road

Summary
Location and General Information
  • Longitude and Latitude: -104.748421, 38.825615
  • Latitude: 38.83
  • Longitude: -104.75
  • Elementary School District: Colorado Springs 11
  • Middle Or Junior School District: Colorado Springs 11
Parking
  • Garage Type 1: No
  • # of Garage Spaces 1: 8
  • # of Garage Spaces 3: Yes
  • Total Parking: 8.00
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2022
  • Has HOA Covenants: No
  • Tax Annual Amount: $1,559
Property
Lot Information
  • Lot Size Area: 10,140.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Crops: None
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Living SqFt: 3707
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Total Finished Area: 3707
  • Location Description 2: No
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Two
Utilities
  • Sewer: City Sewer, Public Sewer
  • Heating YN: Yes
Interior and Exterior Features
Interior Features
  • ViewYN: No
  • Laundry Features: Common Area
  • Baths Full Additional: 0
  • Baths Full Basement: 0
  • Baths Half Additional: 0
  • Baths Half Basement: 0
  • Baths Three Quarters Additional: 0
  • Baths Three Quarters Basement: 0
  • Baths Three Quarters Lower: 0
  • Baths Three Quarters Upper: 0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 1.00
  • Number of units in Unit 1: 2
  • Unit 2's Number of Bedrooms: 2
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 2
  • Number of units in Unit 2: 2
  • Number of 3 bedroom units: 2
Rental
Rental Information
  • Rent Unit 1: $1,370.00
  • Rent Unit 2: $1,238.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $2,608.00
  • Horse YN: No

Property History for 4320 Airport Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4320 Airport Road

Taxable ValueLand$4,140Additions$23,720Total$27,860
Tax Record2022$1,559 ($130 / month)
Home Facts
Total Finished SqFt3,707 SqFtAbove Grade Finished SqFt3,707 SqFtStories2Lot Size10,140 SqFtStyleQuadraplexYear Built1971ZoningR4 AOCountyEL PASOAPN6414314007

Schools near 4320 Airport Road

This home is within Colorado Springs 11 School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Roosevelt Edison Charter School
CharterK to 5

Jack Swigert Aerospace Academy
Public6 to 8

Mitchell High School
Public9 to 12

CIVA Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4320 Airport Road is a multi-family home for sale in Colorado Springs, CO 80916. This property was listed for sale on April 10, 2024 by Compass, it's currently listed at $725,000. It has been on the market for a total of 24 days and was last sold on March 14, 2019. This listing's school district is Colorado Springs 11 School District. Nearby schools include Roosevelt Edison Charter School, Jack Swigert Aerospace Academy and Mitchell High School. 4320 Airport Road is a 10-bed, 4-bath, 3,707 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.