$650,000

6715 Pahokee Court #1-4Colorado Springs, CO 80915

Sq ft: 0
Acres: 0.28
Built: 1973

Listing courtesy of ERA Shields Real Estate · Active · MLS #6915464

About this home

INVESTMENT OPPORTUNITY | FOURPLEX | DISTRICT 49 | OWNER-OCCUPANT POTENTIAL Welcome to 6715 Pahokee Court, a well-maintained fourplex in Colorado Springs offering an excellent opportunity for both seasoned investors and owner-occupants looking to build equity while generating rental income. This property features four spacious 2-bedroom, 1-bathroom units, providing a desirable and versatile floor plan for today’s rental market. The building situated on .28 acres includes two upper-level units and two garden-level units, along with convenient additional storage lockers in a separate building. The units have been well maintained, creating a solid foundation for an investor to continue operating the property while taking advantage of potential rent-roll improvement over time. A unique feature for an owner-occupant buyer: Unit #2 is being intentionally left vacant, providing the next owner with the opportunity to move into one of the units while retaining income from the remaining three apartments. This makes the property particularly attractive for a buyer looking for a house-hacking strategy or someone who wants to live on-site while building a multifamily investment portfolio. The property is located in Cimarron Hills within, with convenient access to, Schriever Space Force Base, Powers Boulevard corridor, Palmer Park Boulevard and major east-side transportation routes. The surrounding area provides residents with easy access to shopping, restaurants, services, employment centers and everyday amenities.