Income-Generating Townhome. This 3-bedroom, 3.5-bath townhome offers a fantastic opportunity for investors looking to add a high-demand rental property to their portfolio. Located in the desirable North Colorado Springs area, this freshly painted and carpeted townhome is situated in a thriving rental market, ensuring consistent tenant interest and steady cash flow potential. The open-concept main floor includes a bright living room with a sky light and a cozy gas fireplace. The kitchen offers all appliances, ample storage, and two windows, making it an appealing space for tenants. The upstairs includes two generously sized bedrooms, including a primary suite with a full bath, vaulted ceilings, & sky light. Loft space offers flexibility for tenants needing extra space for family or a home office. Outdoor Space: A fenced patio provides tenants with their own outdoor area, perfect for relaxation. The townhome includes a 2-car attached garage, in-unit laundry with washer/dryer, and central heating—features that are highly attractive to potential renters. HOA covers landscaping and snow removal, minimizing the maintenance requirements for property owners and ensuring the exterior is always well-kept. This property is located in the sought-after Cottonwood Creek area, close to schools, parks, shopping, and dining. With easy access to hiking trails, and major roadways like I-25 and Powers, it’s a convenient location that appeals to a wide range of renters. With rental demand strong in this area and the property offering many amenities in the community, this townhome is poised to generate consistent rental income. Whether you're a seasoned investor or just starting to build your real estate portfolio, this is an ideal opportunity to invest in a property with significant long-term value.
This property must be sold in conjunction with Listing ID 4624137.
This property must be purchased in conjunction with Listing ID 6802997.
Discover a prime investment opportunity with this well maintained 4-plex, featuring four spacious units, each with 3 bedrooms, 2 bathrooms, and a convenient one-car attached garage. Very conveniently located near the intersection of N. Powers Blvd and E. Woodmen Rd..This property promises both tranquility and high rental demand. With all units currently leased, you can start generating income immediately! The building boasts a brand new roof as of 2024, ensuring long-term durability. Unit 7859 shines with fresh paint, new carpets, stunning stone countertops, and a modern stainless steel appliance package. Each unit is separately metered so, no landlord common utilities. This is a golden chance for a savvy investor willing to put in some sweat equity. Located in a desirable neighborhood, this property is one you won't want to pass up. Don't miss out on this fantastic opportunity!
Don't miss out on this Old Colorado City duplex! Rare find in a prime area of Old Colorado City with Pikes Peak views and open area across the street! This charming rancher duplex has an excellent rental history. Keep one unit rented and occupy the other or cash flow the building with tenants in both sides of the property. One unit is occupied and rent in this unit is below market, which means an upside in rents for your buyers. This property has undergone recent renovations, including a newer roof, newer exterior paint, and current foundation and drainage mitigation by a licensed structural engineer and licensed contractors. Engineering report available upon request. Unit A (occupied) features a jetted tub, gas stove, wainscot in the bathroom, ceiling fans, six-panel doors, hardwood floors and a storage shed. Unit B (vacant) includes upgrades, such as wood floors. No problems with off-street parking here. This property has a large area parking and fenced rear yard space for tenants.
TAKE NOTE ALL INVESTORS! End-unit townhome with Pikes Peak & Mountain Views from the front. Main level features a spacious living room with fabulous mountain views; gourmet kitchen with granite countertops, stainless steel appliances, counter bar, and pantry; dining area; powder room and storage closet! The upper level features a large primary bedroom with plenty of room for a sitting or exercise area along with an attached en suite bath featuring a walk-in shower w/bench, double vanity, water closet, linen and walk-in closet! Two additional bedrooms on this level feature walk-in closets and front range views! New hot water heater in 2023; New dishwasher and roof in 2024! Oversized two-car garage with additional storage space! Conveniently located to Powers Blvd with abundant shopping and restaurants!
Very nice home located in the very desirable Powers Corridor with an existing lease entering its 5th month. Nicely updated and well taken care of. Main level has 2 living areas, dining, kitchen, and bath. Living room has a very nice fireplace with built ins. Basement has a bath and 2 bedrooms, one of which is large enough to be used as a rec room. Top level has 3 bedrooms and 2 bathrooms to include the attached master bath. Large backyard and additional storage area in the garage. Hot tub is in working order and stays with the property.
This beautifully maintained fourplex is perfectly located just off the Powers corridor, providing easy access to shopping, dining, and schools. Each unit features two bedrooms and a conveniently located full bathroom just steps from the bedrooms. Ample parking is available at the back of the complex, along with street parking in the front. The upper units offer stunning mountain views and a welcoming sitting area by the front door, while the main level units provide easy access and an abundance of natural light. Donâ??t miss this fantastic investment opportunityâ??make this fourplex yours today!
INVESTOR SPECIAL!!! Mixed Use Property-- 4 lots! Incoming producing Bar, Cottages, Apartment bldg, Office, Retail bldg, Vacant Land. Tons of Investment Potential! Cottages could be renovated for investment properties or demoed to make into different space. Zoned mixed use so the possibilities are endless! There is a large vacant land space towards back of lots. Includes: 1) Vultures Bar and Restaurant, 2155 Sq ft- Income Producing. On the corner of Platte Ave and Iowa. 2) Bates Court Apartments: 6 Cottages, Apartment building w/ 3 units, Office/ Apartment. These could be demoed entirely or renovated! 3) Retail building, 2225 sq ft- Facing Platte Avenue- lots of drive-by traffic daily! 4) LARGE Vacant Land in back off Platte Ave, 11.979 sq ft.
Looking for instant income? This Westside Duplex has you covered! 2 story well-maintained duplex with a long term tenant in the main-floor unit. Excellent rental history with low turns. 100% Above Grade units very popular with tenants. Easy to rent! Separate electrical utilities go under the tenantâ??s name. House account for water, sewer, and trash can be billed back to tenant monthly. No gas to the building = no carbon monoxide detectors required (lower risk). Newly updated upper unit! Long term main-floor tenant wishes to stay. Walkable crawl space and large Shed on the property provides shared storage. Fenced-in area in front yard available for either unit. 4 off street parking spaces! Upgrades include: New Roof June 2024, Sewer line replaced from building to street June 2019, Upper Unit (1404) renovated June 2024 with new floor, new range, new bathroom vanity/countertop/sink. Turn key ready to rent, or for an owner to occupy. Walking distance to Bear Creek Park, Redrocks and Section 16 Open Spaces.
Welcome to this unique income property close to downtown Colorado Springs. This property presents a rare opportunity to own not just one, but two dwellings: an updated main house and a cozy cottage. Plus a large 16744 square foot lot, zoned R-5 which allows for more dwellings on the same lot. The main house welcomes you with its timeless appeal and modern amenities. Step into the inviting living space with LVP floors and ample natural light. The kitchen is spacious, boasting stainless steel appliances and plenty of storage space. Behind the main house, the charming cottage offers additional living space or rental income potential. Whether used as a guesthouse, a rental property, or a private retreat, its cozy atmosphere and well-done updates make it a desirable asset. Complete with its own kitchen, bathroom, living area and loft, the cottage provides versatility to suit various needs and preferences. Whether you're looking for a savvy investment opportunity or a place to call home with supplementary income, this property offers the best of both worlds. Don't miss your chance to own this exceptional income property, come take a look today and experience the possibilities firsthand!
Mixed-use property zoned R-5 in an Opportunity Zone! 2,500 square feet of office space on Platte Ave with seven distinct offices and a common area. Three residential units on the rear of the building. It is primarily located within walking distance of the heart of downtown. Three Platted Lots are available for New Construction! Put on your thinking cap and turn this money-maker into your reality!!
Discover a prime investment opportunity on the coveted West Side of Colorado Springs with this well-maintained income property. Comprising four meticulously renovated rental units across two lots, this property offers both modern amenities and substantial income potential. Renovations completed in 2014/2015 include stylish new cabinets, elegant granite countertops, contemporary flooring, and efficient hot water heating systems. The two stand-alone homes boasts durable Stucco while the front units have Hardy plank siding, enhancing both aesthetics and longevity. Tenants will appreciate the privacy of fenced-in yards and the convenience of ample off-street parking. Additionally, a generous 45' RV carport provides extra value and versatility. This property is an excellent choice for investors seeking a turn-key asset in a desirable location.
Stellar investment opportunity in growing downtown Colorado Springs. Two structures - a large duplex/fourplex and a turn of the century cottage. All units are fully leased with great rental income. The duplex/4plex features almost 3,500 square feet, 4 entrances. Two main level 2 bed/1 bath apartments, two lower level 1 bed/1 bath apartments, two laundry rooms. The cottage is over 1,500 sq ft, 3 bedrooms, 1 bath main level laundry. The property has a 2 car detached garage and a 1 car detached garage. Freshly painted exterior, new sewer line, newer furnaces, newer appliances and water heaters. The property is located in the popular Shooks Run community and located within a short distance to the best coffee shops, the amenities of downtown, multiple parks and Memorial Hospital. Amazing opportunity for a great cash flow rental property.
Great investment opportunity with this duplex. Rent both units or live in one and rent the other. duplex has excellent rental history. Both units currently leased. Each unit has 1 bd, 1 bath, 1 off-street parking space, approx.432 sq ft. and enclosed rear yard. Large storage shed. Convenient location near Ft Carson, Pikes Peak State College. I-25, Hwy 115, grocery, restaurants, theaters and World Arena.
Great investment opportunity with this duplex. Rent both units or live in one and rent the other. duplex has excellent rental history. Both units currently leased. Each unit has 1 bd, 1 bath, 1 off-street parking space, approx.432 sq ft. and enclosed rear yard. Large storage shed. Convenient location near Ft Carson, Pikes Peak State College. I-25, Hwy 115, grocery, restaurants, theaters and World Arena.
Welcome to this remarkable new-build duplex on the west side of Colorado Springs, a perfect blend of modern design and strategic location. Just a five-minute drive from the Colorado College Campus and six minutes from Downtown Colorado Springs, this stunning property offers an ideal setting for both homeowners and investors alike. Each unit boasts a spacious and inviting open floor plan, featuring three bedrooms, two bathrooms, and a private garage. These spaces are designed with comfort and functionality in mind, providing ample room for daily living and entertaining. One of the standout features of this duplex is the upper unit's spectacular view of Pikes Peak, which can be enjoyed from a walk-out deck off the living room. This outdoor space not only enhances the living area but also serves as a perfect spot for morning coffee, evening relaxation, or hosting gatherings with friends and family. No HOA fees add to the property's appeal, making it an attractive option for potential investors looking to maximize their return. With zoning compatible with short-term rental permits (buyers should verify permit acquisition), this duplex offers the flexibility to operate as a long-term rental or an Airbnb, catering to various market demands. Each unit is equipped with its own laundry room, ensuring convenience and independence for residents. The property's close proximity to Colorado College presents a lucrative opportunity for renting to students, while its nearness to downtown attractions, dining, and entertainment makes it equally appealing for professionals and families. This rare "new construction" duplex in Colorado Springs represents an excellent investment opportunity. Whether you're searching for a new home or a property to add to your portfolio, this duplex's prime location, modern amenities, and flexible rental options make it an outstanding choice. Don't miss out on the chance to own a unique piece of Colorado Springs' real estate market.
Discover a unique investment opportunity with this expansive 5-acre mixed-use property, perfectly situated just 5 minutes from Banning Lewis Ranch in Colorado Springs. Nestled in El Paso County, this property offers the rare combination of a spacious, versatile lot with a low tax rate, making it an ideal choice for various business ventures or personal use. Backing up to a rapidly developing area with thousands of new homes projected, this property is strategically positioned for future growth and development. Currently utilized as a trucking yard, the property is already equipped for industrial purposes and is surrounded by similar businesses including metal manufacturing shops, welding shops, automotive services, and other mixed-use establishments. With its current setup and location, this property is perfect for continuing its use as a trucking yard, expanding into additional industrial or commercial ventures, or even transforming it into a residential development project. The possibilities are endless, schedule your showing today.
Great investment opportunity!!! This is a nice four-plex with lots of updating. All four units have new vinyl windows, exterior paint, and accent siding. Each unit offers two Bedrooms and one bath with an open kitchen and living area. It has an excellent rental history. The convenient location is close to schools, shopping, and downtown.
You don't want to miss this downtown gem of a property with TWO detached homes on the same lot! There is so much you could do here: two rentals, live in one and rent the other, multi-family, multi-generational, short term rental, (buyer will be responsible for confirming with city/county STR eligibility) tons of possibilities. Both homes have tons of personality and just need someone to restore their vintage charm. Their proximity to downtown, a quiet street just dripping with charm PLUS two homes make this one you will want to see. These homes were rentals for quite some time and are part of an estate.
Colorado Springs is located in Colorado. Colorado Springs, Colorado has a population of 475,282. Colorado Springs is less family-centric than the surrounding county with 31.75% of the households containing married families with children. The county average for households married with children is 34.68%.
The median household income in Colorado Springs, Colorado is $71,957. The median household income for the surrounding county is $75,909 compared to the national median of $69,021. The median age of people living in Colorado Springs is 34.9 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 18.4 inches per year, with 57.3 inches of snow per year.