Dan Kaercher

Dan Kaercher

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Closed

$597,000

($119,660 down)
VA

409 N Chestnut Street, Colorado Springs, CO 80905

4
4
1,836 sqft
PITI Monthly
$2,714.13 /mo

Listing courtesy of: Craig Kallian, Venterra Real Estate LLC

Assumed Rate

4.17%
7.15%

Principal & Interest

$2,414 /mo
$3,346 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS
MODERN
HIGH-END FINISHES
LUXURY
MOUNTAIN VIEWS
INVESTMENT OPPORTUNITY
TURNKEY
FULLY FURNISHED

Welcome to your turnkey business opportunity or new home to call your own in the heart of the city! This stunning luxury townhome, fully furnished and meticulously designed, offers a seamless transition for investors or entrepreneurs seeking to step into the lucrative world of mid-term rentals. If you are looking for a new home close to all the action, modern, mountain views, a rooftop fire pit, and spacious, well this is it! Boasting 4 bedrooms and 3.5 baths, this exquisite residence exudes sophistication and comfort at every turn. Step inside to discover a harmonious blend of modern elegance and practical functionality. The open-concept living space is adorned with high-end finishes, designer furniture, and thoughtfully curated decor, creating an ambiance of refined luxury. Entertain guests or unwind in style on the expansive rooftop terrace, where breathtaking city and mountain views provide a picturesque backdrop for unforgettable moments. Gather around the fire pit under the starlit sky, creating memories that will last a lifetime. Whether you're hosting guests for a month-long stay or catering to discerning travelers, this townhome offers the perfect balance of privacy and communal living. Each bedroom is a sanctuary of comfort, featuring plush bedding, ample storage, and en-suite baths for added convenience. As a turnkey investment opportunity, the seller is open to including all furnishings with the sale, allowing you to hit the ground running and generate income from day one. With its prime location, luxurious amenities, and unparalleled charm, this townhome represents a rare chance to own a profitable business in one of the city's most desirable neighborhoods. Schedule your private tour today and experience the epitome of luxury living and entrepreneurial freedom!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,714.13/mo
Estimated Loan Balance
$478,842
Cash to close
$119,660
Interest Paid
$58,764

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Other
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Urban Contemporary
Materials
  • Frame, Stone, Stucco
  • Roof: Other
Condition
  • Year Built: 2019
Details
  • Builder: Taylor Morrison

Community & HOA

Community
  • Subdivision: Robbin Place
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $325.16
  • Tax Annual Amount: $1603
  • On Market Date: 2024-06-05T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $119,660 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $119,660!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$477,340
Your Cash$119,660
Total Purchase Price:$597,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,414/mo
Traditional @ 7.5%
$3,471/mo
You save $1,057/month ($12,681/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2538195

Listing From: recolorado

Last updated: 2024-10-01T18:07:05.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.17%
7.15%

Principal & Interest

$2,414 /mo
$3,346 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $119,660 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $119,660!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$477,340
Your Cash$119,660
Total Purchase Price:$597,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,414/mo
Traditional @ 7.5%
$3,471/mo
You save $1,057/month ($12,681/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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