$9,203 Closing Credit¹
Justin Hermes, Listing Office: The Property Group, Inc.
$8,609
closing credit¹
1020 Chiricahua Loop Colorado Springs, CO 80915
$725,000 List price
$8,609
Closing credit¹
8 beds
4 baths
0.2 acres
Multi-Family
Property details
About 1020 Chiricahua Loop
Well-maintained 4-plex Investment Opportunity * Very nice, clean & spacious 2 bedroom, 1 bath apartments w/ 2 Garden Level Apartments & 2 Second Floor Apartments * One Unit is vacant for Owner Occupant * Located on the East side of Colorado Springs, 15 minutes to Downtown & near Petersen Space Force Base, the COS Airport, & the new Amazon Distribution Center * Kitchens have large eat-in areas, refrigerators, electric stoves, disposals, & dishwashers *Bedrooms are good size w/ large closets *Additional closet in the living room & a linen closet outside bathroom * Each Unit has a storage closet located off private front patio * Common coin-operated washer & dryer (purchased in 2024) for tenant convenience that generates additional income * Large corner lot provides ample off-street parking w/ parking areas in the front & West side of the building & additional parking along the East side of the building- 10 spaces total * Boiler system backflow preventer installed 2021 * Backflow testing completed annually w/ most recent service completed in September 2024 * Boiler/Water Heaters certified in November 2024 * Boiler system has been serviced annually w/ most recent service completed in November 2024 * Concrete steps replaced for lower units in May 2022 * Stairs re-painted on both sides of the building * New fence installed along the back of the building in November 2024 * Retaining wall installed in 2024 along the East side of the building * Laundry room floor redone in September 2024 * Sewer line has been cleaned out annually w/ most recent service in September 2024 * Units 1-3 have been renovated in the last 2 years with LVP flooring/carpet, appliances (dishwasher/stoves/refrigerators as needed), & re-painted * Roof replaced 2016 * Exterior of the building painted 2016 * Sensor lighting installed 2016 in front of building & lights were replaced in 2024 in front & side of building.
Highlights
Home typeQuadruplex
HeatingBaseboard, Hot Water, Natural Gas
StatusActive
Lot size0.225 Acres
Year built1973
MLS #8171700
Virtual tour
Summary
- MLS Number: 8171700
- Office Name: HomeSmart
- Office Phone: (719) 634-8761
- Listing Agent: Kristan Rigdon ASN CNE EPRO GRI
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Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
1020 Chiricahua Loop
$8,609
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 29, 2013 | Home Sold | $230,000 |
| Sep 13, 2012 | Home Sold | $164,000 |
| Jul 07, 2011 | Home Sold | $209,700 |
| Jul 02, 2004 | Home Sold | $278,500 |
| Apr 03, 2003 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $24,550 | $1,935 |
| 2019 | $24,550 | $1,579 |
| 2018 | $18,720 | $1,506 |
| 2017 | $18,720 | $1,173 |
History based on county public records data.
Nearby schools
4
McAuliffe Elementary School
Public District PK-5
0.4 mi
•830 Hathaway Dr
3
Evans Elementary School
Public District PK-5
0.8 mi
•1675 Winnebago Rd
6
Henry Elementary School
Public District PK-5
1.6 mi
•1310 Lehmberg Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,741. Most Colorado Springs, CO residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
60%
<35k
34%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
21%
Single, with Kids
18%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
7%
12-17 yrs old
33%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1020 Chiricahua Loop in Colorado Springs, CO and zip code 80915 in the Cimarron Hills neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $725,000.
Over 34 listings were sold over their listed price in December 2024 in Colorado Springs, CO. In the same period over 95 listings were sold below the listed price and 49 listings were sold for the listed price. The number of listings in Colorado Springs, CO increased by 12.8% between November and December 2024. The median list price of listings available in December 2024 was $506,250, while the average time on the real estate market was 55 days.
From Rocket Homes Real Estate and based on county public records data.