325 Bonnie Court, Colorado Springs, CO 80916
325 Bonnie Court, Colorado Springs, CO 80916
325 Bonnie Court, Colorado Springs, CO 80916
17
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Listed by Kirk Shillington RE/MAX Alliance
$550,000
Est. payment /mo
0.25 Acres Lot
Active

325 Bonnie Court Colorado Springs, CO 80916

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2623084

Construction Status Existing

Year Built 1971

Annual Tax Amount $2,091

Tax Year 2025

Lot Size 0.255 Acres

Acres 0.2548

Property Sub-Type Fourplex

Source Pikes Peak REALTOR® Services

Property Description

Solid income-producing fourplex in Colorado Springs offering an excellent investment opportunity with immediate upside. Three of the four units are currently occupied, while the freshly updated vacant unit is ready for immediate lease or is ideal for an owner-occupant looking to house hack while generating rental income. The property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit in an up/down configuration, creating a desirable mix of unit sizes that appeals to a broad tenant base.

Several units have been updated, and the property offers functional, low-maintenance interiors with carpet, luxury vinyl plank flooring, vinyl flooring in kitchens and baths, electric range/ovens, full-size refrigerators, tub/shower combinations, and ample cabinet storage. Each unit includes its own dedicated storage closet, and tenants enjoy access to a shared coin-operated laundry room for additional owner income potential.

Major capital improvements include a new roof installed in 2022 featuring Class 4 impact-resistant shingles, along with an upgraded deck. Tenants currently pay all utilities except lawn care, helping minimize owner expenses. The property also offers ample open parking in the front with additional space available to add parking in the rear if desired. A fully fenced front yard with attractive rock landscaping provides low-maintenance curb appeal, while the wood-frame construction presents cleanly and professionally at an attractive price point.

Whether you're expanding your investment portfolio or searching for a property that allows you to live in one unit while collecting rental income from the others, this fourplex offers a compelling combination of cash flow potential, recent improvements, and future upside.

Buyer to verify all information, including square footage.

Location

State CO

County El Paso

Rooms

Basement Garden Level

Interior

Heating Baseboard, Electric

Cooling Ceiling Fan(s)

Fireplaces Type None

Furnishings Existing

Appliance Oven, Refrigerator

Laundry Coin, Common

Exterior

Carport Spaces 4

Fence Front, See Prop Desc Remarks

Utilities Available Cable Connected, Electricity Available, See Prop Desc Remarks

Roof Type Composite Shingle

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 6414406012

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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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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325 Bonnie Court