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Home » Real Estate » CO » Colorado Springs » 80916 » 3445 Cochran, Colorado Springs, CO, 80916
$760,000

3445 Cochran, Colorado Springs, CO, 80916

8 Beds
4 Baths
3,536 Square Feet
3445 Cochran Dr, Colorado Springs is a 4-unit apartment building, including four two-bedroom, one-bathroom residences. Built in 1985 with classic wood frame construction and a composition shingle pitched roof, this property has undergone a complete renovation in 2024, featuring new flooring, white shaker cabinets, stainless steel appliances, countertops, and new tile bathrooms and vanities. No expense was spared in the tasteful improvements. The property was improved with several capital expenditure upgrades over the last year with new windows, a refreshed painted exterior, and perimeter fence. This property also come equipped with a wireless security camera system. Each unit boasts individual AC units, in unit washer and dryer hook ups and storage unit for personalized comfort. With its prime location 3445 Cochran St presents a turnkey investment opportunity with immediate cashflow. This property is perfect for first time home buyers and house hackers alike. Three of the units are fully leased through 2024. This allows the opportunity for investors to live in the available turnkey unit and enjoy the strong cashflow. This property offers a 7.51% cap rate! For investors looking for more scale this ownership group is also offering 903 Boggs, 2115 Preuss, 2123 Pruess, 2135 Pruess and 1518 &1512 S Corona Ave, Colorado Springs.
Offered By
Will McCauley wmccauley@uniqueprop.com,781-733-3732, Unique Properties LLC

Property Details

Property Type Residential Income
Status Active
Bedrooms 8
Property Sub Type Income Property
Square Feet 3,536
MLS # 8084218

Market Trends

New Properties On Market
3
40% Decrease In New Listings
Average Asking Price
$335,700
$148,880 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$216
$21 Decrease In List Price/Sq. Ft.
Average Days On Market
10
35 Day Decrease In Days On Market
Data as of Sep 20, 2024. Remaining statistics above are calculated on activity within the period from Jul 01, 2024 to Aug 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 8/29/2024 at 1:29 pm