1617 N Chestnut Street
Colorado Springs, CO 80907
- 8 beds
- 5 baths
- 3,802 sqft
- ~1/2 acre lot
- $253 per sqft
- 1919 build
- – on site
More homes
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.
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Last updated Feb 28, 2025
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MLS# 9011885 —
The Building
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Year Built:1919
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Construction Materials:Stucco
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Structure Type:Quadruplex
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Roof:Composition
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Common Walls:1 Common Wall
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Basement:true
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Levels:Two
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Building Area Total:3802
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Building Area Source:Appraiser
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Above Grade Finished Area:3802
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Property Attached:true
Interior
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Interior Features:Ceiling Fan(s)
Room Dimensions
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Living Area:3802
Location
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Directions:From I25, head west on Centeninial blvd exit, left on N. Chestnut
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Latitude:38.85739537
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Longitude:-104.83549281
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:7401408015
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Zoning:R2, UV
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Lot Features:Corner Lot, Level
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Lot Size Area:0.4
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Lot Size Acres:0.4
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Lot Size SqFt:17424
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Lot Size Units:Acres
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Exclusions:n/a
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Fencing:Full
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (719) 439-1651
- Office phone:
- (719) 687-0900
Taxes
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Tax Year:2023
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Tax Annual Amount:2640
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Tax Legal Description:LOT 1 BAUER SUB FIL NO 1 and LOT 2 BAUER SUB FIL NO 1
Beds
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Bedrooms Total:8
Baths
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Total Baths:5
Heating & Cooling
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Heating:Hot Water
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Schools
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Elementary School:Bristol
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Elementary School District:Colorado Springs 11
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Middle Or Junior School:North
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Middle Or Junior School District:Colorado Springs 11
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:Bauer Sub Fil 1
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Senior Community:false
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Association:false
Parking
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Parking Total:1
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Attached Garage:false
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RV Spaces:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
