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2587 Hatch Cir

Colorado Springs, CO 80918

3 beds
4 baths
1,985 sqft
1,307 sqft lot
$171 per sqft
1986 build
– on site

Income-Generating Townhome. This 3-bedroom, 3.5-bath townhome offers a fantastic opportunity for investors looking to add a high-demand rental property to their portfolio. Located in the desirable North Colorado Springs area, this freshly painted and carpeted townhome is situated in a thriving rental market, ensuring consistent tenant interest and steady cash flow potential. The open-concept main floor includes a bright living room with a sky light and a cozy gas fireplace. The kitchen offers all appliances, ample storage, and two windows, making it an appealing space for tenants. The upstairs includes two generously sized bedrooms, including a primary suite with a full bath, vaulted ceilings, & sky light. Loft space offers flexibility for tenants needing extra space for family or a home office. Outdoor Space: A fenced patio provides tenants with their own outdoor area, perfect for relaxation. The townhome includes a 2-car attached garage, in-unit laundry with washer/dryer, and central heating-features that are highly attractive to potential renters. HOA covers landscaping and snow removal, minimizing the maintenance requirements for property owners and ensuring the exterior is always well-kept. This property is located in the sought-after Cottonwood Creek area, close to schools, parks, shopping, and dining. With easy access to hiking trails, and major roadways like I-25 and Powers, it's a convenient location that appeals to a wide range of renters. With rental demand strong in this area and the property offering many amenities in the community, this townhome is poised to generate consistent rental income. Whether you're a seasoned investor or just starting to build your real estate portfolio, this is an ideal opportunity to invest in a property with significant long-term value.

Listing courtesy of IRES

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# 8934650 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1986
New Construction:

false
Construction Materials:

Wood Siding
Direction Faces:

South
Stories:

2
Levels:

Two
Patio And Porch Features:

Patio
Roof:

Composition
Basement:

Full
# of Units Total:

4
Building Area Total:

1997
Total SqFt:

1997
Above Grade Finished Area:

1403
Below Grade Finished Area:

594

Interior

Interior Features:

Cathedral/Vaulted Ceilings
Fireplace:

true
Fireplace Features:

Gas Logs Included

Room Dimensions

Living Area:

1985
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

Directions:

I-25 South to Woodmen Road exit. Left (East) when exiting the off ramp. Take Woodmen Road East, Left on Medrina Lane, Left on 2nd Hatch Circle
Coordinates:

-104.779205, 38.932159
Latitude:

38.932159
Longitude:

-104.779205

The Property

Property Type:

Residential Income
Property Subtype:

Income Property
Lot Features:

Gutters
Lot Size Acres:

0.03
Lot Size SqFt:

1307
Lot Size Area:

1307
Lot Size Units:

Square Feet
Exclusions:

Seller & Tenant Personal Property
Horse:

false
Water Source:

City Water
Waterfront:

true
Waterfront Features:

Abuts Stream/Creek/River
Water Body Name:

Stream

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

1206.53

Beds

Bedrooms Total:

3

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Ceiling Fan(s)
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas
Electric:

Electric
Sewer:

City Sewer

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Pioneer
Middle Or Junior School:

Mountain Ridge
High School:

Rampart
High School District:

Academy 20

The Community

Subdivision Name:

Cottonwood Creek
Senior Community:

false
Community Features:

Clubhouse
Spa:

false
Association:

true
Association Fee:

340
Association Fee Includes:

Trash
Association Fee Frequency:

Monthly
HOA Transfer Fees:

No

Parking

Garage:

true
Attached Garage:

true
Garage Type:

Attached
Garage Spaces:

2
Covered Spaces:

2
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

3
Total Baths Unit 1:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	IRES	$339,900

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This multifamily located in Northeast Colorado Springs, Colorado Springs, CO 80918 is currently for sale for $339,900. 2587 Hatch Cir is a 1,985 square foot multifamily with 3 beds and 4 baths that has been on Estately for 74 days. 2587 Hatch Cir is in the Northeast Colorado Springs neighborhood of Colorado Springs and has a WalkScore® of 19, making it car-dependent.

Listing Courtesy of: IRES

TERMS OF USE: listing information 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.

Information deemed reliable but not guaranteed by the MLS