1409 E Caramillo St, Colorado Springs, CO 80909

Property Description

Brick fourplex directly across from Patty Jewett golf course frontage on a rare 15,387 sqft double lot in Golf Club Acres. Four 2-bed/1-bath units, all ground level with private entrances and original hardwood floors. Gas and electric utilities are individually metered; tenants pay their own. Three units are occupied on month-to-month terms at $3,025/month with market rents at $1,100+/unit, offering immediate upside. Fourth unit is vacant, and move-in ready, making this an ideal FHA/VA owner-occupant opportunity or immediate lease-up for an investor. Washer/dryer hookups are in the units. Off-street parking, mature trees, and no facing neighbors. These rarely become available in this pocket.