Colorado Springs, CO 80907,4228 Forrest Hill
Colorado Springs, CO 80907,4228 Forrest Hill
Colorado Springs, CO 80907,4228 Forrest Hill
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$925,000
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8 BD
4 BA
2,819 SqFt
Active

4228 Forrest Hill Colorado Springs, CO 80907

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UPDATED:

02/10/2025 09:40 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,819 sqft

Price per Sqft $328

Subdivision Holland Park

MLS Listing ID 9294008

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,819

Originating Board recolorado

Year Built 1970

Annual Tax Amount $2,169

Tax Year 2023

Property Sub-Type Quadplex

Property Description

We are pleased to present this fantastic investment opportunity in a high rental demand area along the Garden of the Gods Road corridor. This professionally managed property featuring 2bed/1bath units, has seen renovations across all 4 units including paint, cabinet hardware, kitchen backsplash, LVP flooring, bathroom vanities and tub surrounds. The updated units provide tenants comfortable and modern living arrangements, providing predictable returns to investors looking for a turn key opportunity with a strong in-place roll. The property also features on site laundry and is within walking distance to local amenities like grocery stores, schools, parks, breweries and dining. This property is being offered in connection with the adjoining lot and an additional 4 units with 4226 Forrest Hill Rd, giving investors the ability to acquire a total of 8-units.

Location

State CO

County El Paso

Interior

Heating Baseboard

Cooling None

Flooring Carpet, Vinyl

Fireplace N

Laundry Common Area

Exterior

Roof Type Architecural Shingle

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Stucco

Schools

Elementary Schools Jackson

Middle Schools Holmes

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None


REColorado (REColorado MLS)
Listed by Cushman & Wakefield • 719-238-9074
agent
Shad Phillips

Broker Associate | License ID: 100066473

+1(214) 682-2113 | shad@phillipsteamco.com

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4228 Forrest Hill