318 Bonnie Court, Colorado Springs, CO 80916
318 Bonnie Court, Colorado Springs, CO 80916
318 Bonnie Court, Colorado Springs, CO 80916
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Listed by Andrew Guterman Atlas Real Estate Group LLC
$650,000
Est. payment /mo
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10,497 Sqft Lot
Pending

318 Bonnie Court Colorado Springs, CO 80916

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Ryan Meyer

Ryan Meyer

+1(719) 723-1755

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 5876182

Construction Status Existing

Year Built 1970

Annual Tax Amount $1,948

Tax Year 2024

Lot Size 10,497 Sqft

Acres 0.241

Property Sub-Type Fourplex

Source Pikes Peak REALTOR® Services

Property Description

Solid income-producing 4-plex in Colorado Springs with three of four units occupied and a freshly updated vacant unit ready for immediate lease-up or for a house-hacker looking to occupy a unit themselves. The property features two 2BD/1BA units and two 3BD/1BA units in an up/down configuration, with upper-level and garden-level layouts offering natural tenant variety and stable demand across unit sizes. Unit 3 has just been turned with new carpet, fresh paint, and light repairs — move-in ready and primed to generate cash flow from day one. The remaining three units are occupied, providing an income base while you fill the fourth. Exterior features mature trees, xeriscaped front yard, storage closets for each unit, separate shared laundry room, and off-street parking in the rear — a practical amenity for tenants without the maintenance overhead of a garage. The building presents well with stucco construction and a clean curb appeal for the price point. Interiors reflect functional, rentable finishes throughout: tile flooring in kitchens and baths, electric range/oven, full-size refrigerators, tub/shower combos, and ample cabinet storage.

Location

State CO

County El Paso

Rooms

Basement Garden Level

Interior

Heating Baseboard, Electric

Cooling Wall Unit(s)

Fireplaces Type None

Furnishings Existing

Appliance Disposal, Range, Refrigerator

Laundry Coin, Common

Exterior

Carport Spaces 4

Fence Front

Utilities Available Electricity Connected

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 6414406018

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

elevateMLS

NEARBY SCHOOL & BUSINESS

Ryan Meyer
Ryan Meyer

Agent | License ID: FA100105063

+1(719) 723-1755 | ryan.k.meyer@exprealty.com

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318 Bonnie Court