Courtesy: Prewitt Group
Stephen Prewitt
719-439-0241
One of Kind Fully Renovated Property w/ Central Location * Hardwood Flooring Throughout Main Level * Brand New Kitchen w/ White Cabinets, Quartz Counters & Stainless Steel Appliances * 696 Square Foot Basement Unit w/ 2 Bedrooms, Living Room, Kitchen, Full Bath & Washer/Dryer Hookups * New Stucco Exterior & New Roof * Oversized Two Car Detached Garage * Fenced Backyard w/ Covered Patio * C-6 Zoning Allows for Use as Single Family Home, Duplex or Commercial Property * Central A/C * Two New Water Heaters & Two New Electrical Panels
Courtesy: Cushman & Wakefield
Nic Polaski
719-238-9074
Cushman & Wakefield is pleased to present 1115 Old Dutch Mill Rd, a 4-unit multifamily property in an investor friendly, West side neighborhood in Colorado Springs. The property consists of two 2 bed/1 bath units and two 3 bed/1 bath units. Each unit offers spacious living and kitchen areas, two of the units feature balconies in the back of the building and all are individually metered for electric. The property has shared coin laundry, off-street parking, updated windows, a NEW ROOF in September 2024 and newly renovated unit. The property has been well cared for by the long-term owner. Potential buyers have the operational value add of getting all units up to market rent and continuing property improvements. This West side location provides residents access to major tech employers along west Garden of the Gods Rd as well as short drives to Garden of the Gods and downtown Colorado Springs. Its prime location, near outdoor recreation, dining & retail centers, provides a strong foundation for attracting and retaining quality long-term tenants. Ute Valley park is another nearby resident attraction that is known for hiking, mountain biking, dog walking, and running. The park offers vistas, geological features and destination-level trails, all readily accessible to outdoor enthusiasts in surrounding neighborhoods and the city. The attractiveness of this asset is magnified by the solid in place returns, flexible debt options and limited number of performing properties available in this market. Investment Highlights: -One unit currently vacant -Recent interior unit renovations -Tenants pay all utilities -Great unit mix with room for rent growth as leases turn
TURNKEY HOUSE HACK OR RENTAL IN OCC! Perfect opportunity for a savvy investor or someone looking to house-hack their way to homeownership! Own a beautifully remodeled home with an integrated basement ADU, just down the road from Old Colorado City and Garden of the Gods. Both the upper and lower unit feature new clean cabinetry, new countertops, stainless steel appliances, fresh paint, and modern flooring. The upper unit has 2 bedrooms, 1 bathroom, a full kitchen, living room, garage, and washer & dryer hookups. The lower unit has an additional 2 bedrooms, 1 bathroom, kitchenette, living room, and washer & dryer hookups. This property comes with a brand new sewer line, newer HVAC, new flooring, updated electrical, and so much more. You won't want to miss out on this amazing property.
According to the city the property is Located in Opportunity Zone and an Enterprise Zone. Contact city for benefits. Unique, rare and amazing home with plenty of off street parking. This R5, three bedroom, two bath home is only a block away from the seasonal farmers market and holiday ice skating in Acacia Park. Palmer High School is right up the street. This large charming two story home is conveniently located between Wahsatch and Weber. Imagine the possibilities for future use. Live in and enjoy Downtown Colorado Springs. Currently used as a month to month rental, this property has also been used as an office and a residential residence.
Courtesy: Cushman & Wakefield
Nic Polaski
719-238-9074
Cushman & Wakefield is pleased to present 1517 N 25th Street, a stunning duplex located in the peaceful Pleasant Valley neighborhood. The property features two 2 bed/1 bath units each at 885 SF. Each unit offers in unit washer and dryer hookups, central AC, one car garages and individual fenced in rear yards. Owner currently occupies one unit and plans to vacate upon sale. The second unit is currently vacant and in the process of being remodeled, and not available for showings. The last lease for this unit was rented for $1,800. Feel free to give us a call at 417-459-2155 with questions and inquiries.
Courtesy: NorthPeak Commercial Advisors, LLC
Zachary Hansen
303-880-7442
135 University Dr. is a Four Plex located in a quiet residential neighborhood consisting of four 2 bedroom 1 bathroom units. Owners in the surrounding area typically report low vacancy rates. A new owner will have the ability to increase rents to market rate. The properties have been well maintained and the units are in good condition relative to the surrounding market. The roof has been recently replaced.
RARE DUPLEX IN OCC! Perfect opportunity for a savvy investor or someone looking to house-hack their way to homeownership! The property is set up as a side-by-side duplex and is located just down the road from Old Colorado City and Garden of the Gods. Unit 1 boasts an updated kitchen, 4 bedrooms, 3 bathrooms, including 2 en-suite baths and a wood burning fireplace that can be used from inside or out. Unit 1 also has central AC and hardwood floors throughout. Unit 2 is equipped with its own kitchen as well as 1 bedroom, 1 bath and even its own washer and dryer hookups. Both units have independent furnaces and newer hot water heaters. Both units also feature updated electrical, newer windows, and a 50 year shingle roof. Donâ??t miss this fantastic investment opportunity!
This property offers both an investment opportunity and the potential for personal living! Prepare to be impressed by the incredible income this property generates. Situated in a prime and up-and-coming location in COS, with the Nevada overlay with the city, this property holds significant value. Built in 1916 and restored, this gem is an original home in Colorado Springs.The front of the property features a charming residential home with 2 bedrooms, an office space, and a fully updated bathroom.Unfinished basement area.This overlay allows for multiple types of builds and expansions. Furnished as a mid-term rental, the furniture and decor can be negotiated if you wish to continue renting it furnished for mid-term stays.Fencing offers privacy and security. The house features a spacious driveway and a garage, which, with some work, can potentially be converted into an accessory dwelling unit (ADU). This presents an exciting opportunity for additional living space. Furthermore, with the Nevada overlay, the garage could be torn down to make way for a two-story unit, providing even more possibilities for development.The hidden treasure lies in the nearly 2000 sq ft shop located at the back of the lot, accessible through the alley. Currently rented, the shop presents an immediate income opportunity. It has been updated, with repairs made to the roof and new siding. The shop features heating, and a finished bathroom with a water heater, ensuring comfort and convenience. The additional parking space adds to the property's practicality. This property presents an opportunity for investors and those seeking a unique place to call home. With its prime location, restoration, potential for additional units, and income-generating capabilities, it is an opportunity not to be missed. Seize the moment and explore the possibilities this property has to offer!
Courtesy: Allen Realty
Michael Nicks
720-530-5176
Great investment opportunity with this duplex. Rent both units or live in one and rent the other. The duplex has excellent rental history. Both units are currently leased. Each unit has 2 bd, 1 bath, 1 off-street parking space, approx. 624 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.
Currently rented as 6 bedrooms, 2 detached garages and lot storage. Zoned R5 with multiple redevelopment opportunities.
Seize this great investment property located just off Colorado Ave, perfectly positioned between downtown and Old Colorado City. This duplex offers two units, each separated by a shared laundry room, in a highly walkable area near shops and restaurants. This property has enjoyed an extensive long term rental history over the last ten years; with the last set of tenants occupying the property for three years before departing for employment out of state. The lower unit of the property features a full kitchen with granite countertops, a full bathroom, and two spacious bedrooms. The upper unit boasts a large kitchen with a gas stove, a generous living room, and two bedrooms. Both units have space for off-street parking.
Courtesy: Cushman & Wakefield
Nic Polaski
719-238-9074
Cushman and Wakefield is pleased to present 2601-2605 W Pikes Peak Ave. The 2004 constructed attached duplexes offer a unique unit mix of two Spanish Villa style 1800 sq. ft. 3 bed/2.5 bath units with attached 400 sq. ft. garages and two 600 sq. ft. Studio flats, with walk outs to the Historic main strip of Old Colorado City. The main floor units have walk out patios overlooking Colorado Blvd and boast breathtaking views of Pikes Peak. Currently three of the units are on long term leases and one 3 bed/2.5 bath unit is being used as a short-term rental, offering investors the opportunity to run the property as they see fit. Premium finishes, stainless-steel appliances, washer/dryers, fireplaces and private patios/decks, make this turnkey investment an opportunity for a wide range of potential buyers. The property is located right along the highly sought after main strip of Old Colorado City on the west side of Colorado Springs. The property has excellent walk-ability to nearby outdoor recreation, dining & retail centers, giving a strong foundation for attracting and retaining quality long-term tenants and consistent flow of short-term renters alike. Colorado Springs and other major attractions such as Garden of the Gods, Manitou Springs, and Weidner Field are all a short distance from this location. Whether a potential buyer is looking for a short term rental, long term investment, or owner occupancy, this opportunity provides a well maintained and located property to make your own.
One of a Kind Home w/ Lower Level Converted into a Separate Unit * Lower Level Can Be Accessed Separately or Through The Main Level * Hardwood Floors Throughout the Main Level * Remodeled Kitchen w/ Quartz Countertops & Stainless Steel Appliances * Primary Suite w/ Attached 3/4 Bath * 2nd Bedroom & Updated Full Bath * Spacious Living Room w/ Picture Window * Main Level Has Stackable Washer/Dryer * Lower Level w/ Full Kitchen w/ New Stainless Steel Appliances * Two Bedroom & 3/4 Bath * Spacious Family Room * Large Storage Area w/ Washer/Dryer *Fenced Backyard w/ Stamped Concrete Patio * Expansive Backyard Area Beyond the Fenced Area* Detached One Car Garage & Two Parking Off The Alley * Central A/C *
New duplex under construction! Should be complete by December 31st, 2024. Fantastic opportunity to own this brand-new duplex income property. 2,470 square feet total. 6 bedrooms and 4 bathrooms total. Units are approximately 1,235 square feet, featuring 3 bedrooms and 2 full bathrooms on each side. This duplex has great vinyl windows, 5-inch baseboards throughout, upgraded kitchen cabinets and all stainless-steel kitchen appliances are included. Units have washer dryer hookups and utilities are individually metered so tenants can sign up for their individual utilities. 2 x 6 wall construction, full crawl space foundation. This income property is conveniently located near bus lines and I 25. Don't miss out on the great opportunity.
2 COMPLETE HOMES!! on big C-5 Zoned lot. Tons of off street parking plus 1 car detached garage. Wonderful rental opportunity with 5 bedrooms total. Live in one and rent the other as common apartment or small office building. Both units have updated furnaces and water heaters along with roofs. Unit 125 the bedrooms are non conforming but really 3 sleep areas. 117 unit lays out as a true 2 bedroom home with gas hookups and 220 in both as well. Both have laundry areas, both have partial basements. Partially fenced and easy in and out access and great exposure to traffic for your business
Discover the perfect blend of flexibility and opportunity with this exceptional property, strategically located on a prominent corner lot. Zoned C-6, this property offers both residential and commercial potential, catering to a wide range of uses. The property is close to the shopping centers downtown and centrally located in the heart of Colorado Springs near Memorial Hospital and the USA Olympic Center. Enjoy the added convenience restaurants within walking distance. Commercial Use: Leverage the C-6 zoning to transform this space into a thriving commercial establishment situated on a corner lot in a high-visibility area. Whether you envision a retail store, office, this property provides the versatility to accommodate various business needs. Residential Use: Enjoy the charm of a residential setting with ample space and a prime location. This property is ideal for a comfortable home with: -5 bedrooms and 2 bath. -Spacious back yard. -Detached Garage.
Nice C-5 Zoned property located in the well desired Ivywild Sub. that offers 2 homes(ADU)/2 car garage/private & gated off-street parking. Enjoy the convenience to nearby downtown, I-25, and other new-restaurants/shopping/new grocery stores within walking distance, Broadmoor Hotel, new-Creek Walk Shopping Center & Ivywild School with Brewery/restaurants etc. are nice attractions to the area + more development to come. This C-5 Zoned property allows for a variety of uses to include: professional office/retail/residential single family/long term or short term rental-buyer to verify any and all required city permits for allowed uses. The front house includes 1398 sf(per-county assessor) with an unfin. 936 SF basement(not included above SF.)-great for storage/shop/utility area. Rear detached ADU/Cottage unit-separate address & utilities includes 640 SF.; 2BR/LR/Kit./1Bath/nice composite balcony + enjoy the large 640 SF garage with separate storage/utility/laundry room. Both properties have had many updates/remodeling completed recently and over the years. Enclosed front porch converted into finished living area and great for office/flex-room space. All porch/decks are newer composite type. Both units have Washer/Dryer. Front house: newer central AC & furnace, windows, kitchen, lights, doors etc. The detached Cottage & Garage building is constructed with concrete/stucco construction-very solid and quiet building, also has many updates. Both homes enjoy mountain views! Many of the homes located along this section of S. Tejon St. have been converted into small businesses/commercial use properties, however, both properties have been used as residential; live in one unit, rent the other or rent both units-endless possibilities. The main-front house has a large attic with 2 dormer windows that could allow for possible expansion of home into a livable 2nd floor; large detached garage under existing cottage house also has potential to be converted into another unit?
Discover Crescent Mansion â?? your downtown haven for family, friends, or coworkers! Enjoy spacious rooms, each with a private bathroom, ensuring a relaxed start to your mornings! Minutes from I-25, Garden of the Gods, The Broadmoor, and Cheyenne Mountain Zoo! Easy walk to downtown shops & restaurants! putting green, pool table, table soccer, & hot tub with a city skyline view! This Bed and Breakfast has been transformed into a delightful haven for your travels, whether with family, friends, or colleagues. Revel in the expansive rooms, most of which feature gas fireplaces and en-suite bathrooms. Regardless of the season, there's plenty to do here! Unwind with some friendly competition around the pool table, engage in a game of putt-putt golf in the backyard, soak in the hot tub, and find ample space to retreat from the day's excitement. This unit comprises of the entire 1st and 2nd floors complete with the kitchen, living room, on-suite balcony, 7 bedrooms, 7 bathrooms and all which can be accessed by a private entrance from the front of the house, or back of the house! The 3rd floor is rented out separately with it's own private entry from the shared laundry room at the back of the house. *Rents are based on average income per month from STR! STR Permit is held by Business that can be sold with the property at list price!
Fantastic investment opportunity on the West side of Colorado Springs. This fourplex is within minutes to Garden of the Gods, Old Colorado City and downtown Colorado Springs. This complex includes plenty of parking, common washer and dryer and extra storage for tenants. Two units include two bedrooms, a full bath and the other two units include three bedrooms and a full bath. Units have been updated throughout and offer spacious living rooms and eat in kitchens. New roof in 2024 includes class 4 shingle, new gutters and new concrete and stucco. Make this turn-key investment property yours today!
Welcome to an impeccably restored 1910 Craftsman Bungalow with a modern enhancement unlike few in town. This incredible property features a modernized antique main home with 4 bedrooms and 4 bathrooms, as well as a separate 3-bedroom, 3-bath 2-story ADU-cottage built in 2015. After lingering on the spacious full-width front porch, entering the main home is rewarded with luminous, sunny livability. Beamed ceilings provide detail, original quarter sawn oak floors and arts and crafts-era window and door trim provide story and character, and original stained-glass transom windows playfully filter brilliant sunlight. The main living room boasts a modernized gas fireplace with period-correct hearth, while the dining room features a massive built-in buffet with both upper and lower cabinetry and a mirrored bar. The primary suite offers a walk-in closet and attached bath suite, raised double vanities and a walk-in rain shower. Thereâ??s even a generous walk-in closet. A bonus sunroom provides extra space to relax. Also on the main level is the front bedroom, enhanced by a library of bookcases. It also has a generous closet and direct en suite access to a bath with stunning slipper tub. The kitchen embraces the era while delighting in function, with cherry shaker cabinetry, granite counters, and stainless steel appliances. The finished attic upstairs provides additional living space with two bedrooms and a 3/4 bath. Outside, a detached two-car garage with electric gate access adds convenience, while a spacious concrete patio with gas lines for both a grill and fire pit is perfect for outdoor entertaining. The cottage has a modern quartz kitchen, main-level en suite primary, itâ??s own stackable laundry, and two bedrooms with a bath upstairs. Fencing delineates the two spaces enhancing privacy and enjoyment for both the main home and cottage. The rarest of opportunities: a piece of living history with modern amenities on one of the North Endâ??s architecturally-enchanting blocks.
Courtesy: Your Castle Real Estate Inc
Jon Cole
303-775-8744
Prime investment opportunity in the heart of Colorado Springs! This well maintained four-plex offers a fantastic blend of stability and growth potential, making it an ideal addition to your real estate portfolio. With a history of consistent occupancy, this property provides a reliable income stream. Three of the units are recently updated with fresh paint, newer appliances, and new flooring throughout. Ample off-street parking available for tenants. Located within walking distance to schools, parks, shopping centers, and public transportation with easy access to major highways, making commutes to downtown Colorado Springs and nearby military bases a breeze. Well-established area with a strong rental demand and low vacancy rates. Recent upgrades including a new boiler reduce the immediate need for maintenance and capital improvements. Colorado Springs is one of the fastest-growing cities in the U.S., offering excellent long-term appreciation potential! Don't miss out on this exceptional investment opportunity!
This charming duplex is located in the heart of Colorado Springs, boasting a full interior and exterior remodel in 2021. Attractive, durable LVP flooring spans throughout, complemented by newer windows and a newer shingle roof on the house, with a sleek metal roof on the detached garage. Nestled on the corner of Prairie and Cache la Poudre, the property's cute curb appeal is further accentuated by separate driveways for each of the two perpendicular units with ample parking space in each driveway. The first unit is currently tenant-occupied until May 2026, offering two bedrooms, one full bath, a spacious living room, and an eat-in kitchen. Step into the back yard with a privacy fence to discover an inviting patio area perfect for dining and entertaining, along with a grassy expanse. This unit also boasts a separate storage room accessible from the fenced yard. Meanwhile, the second unit presents an exciting opportunity as a rental or as a comfortable primary residence. With two bedrooms and two bathrooms thoughtfully arranged in a split floor plan, this unit features a central living area complete with a cozy fireplace, dining space, and a well-appointed kitchen. Adjacent to this side of the home is a detached two-car garage. Each unit has separate electric and gas meters and newer hot water heaters. Surrounded by lush foliage and offering picturesque mountain views, the property is ideally situated near city amenities, mere minutes away from Memorial Central Hospital and the esteemed Olympic Training Center. With its impeccable updates, convenient location, and potential for dual rental income, this duplex exemplifies Colorado Springs living at its finest.
Courtesy: MB METRO REAL ESTATE GROUP
Brandon Espino
719-679-2941
Presenting a distinguished triplex residence poised for investment success. Strategically situated in downtown Colorado Springs near the corner of Wahsatch and Kiowa, each meticulously designed unit offers a blend of comfort and convenience, catering to discerning tenants and promising strong rental yields. Recent capital expenditure investments and remodels have enhanced the property's appeal, yet there remains ample opportunity for further improvement, allowing investors to maximize returns and elevate the property's value. Due to the flexible zoning it can and has been used as a commercial property for businesses as well. Not to mention the potential to knock down and re-develop the property to the investors liking. Benefiting from its central location (5 minutes from the main downtown strip), residents enjoy seamless access to a wealth of amenities, underscoring the property's desirability and rental potential. This is a rare chance for astute investors to secure a valuable asset in a thriving market. Do not let this opportunity pass – schedule a viewing today to explore the possibilities of this exceptional triplex residence.
Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.
Cozy rental property that has been producing rental income over the last 20 years. This property is zoned R-2 so you can add an additional property to increase your rental income. Property is in a ideal location, close to shopping, restaurants, trails, parks, the Cheyenne Mtn Zoo, 7 Falls to name a few. Seller has already paid for the water tap fee. The property has a brand new sewer line in 2021 with a renovated kitchen and bathroom. Seller already a blue print drawn up for an additional property on the lot. Brand new washer and dryer for the laundry as well. Come check this property out.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listing information Copyright 2024 Pikes Peak REALTOR® Services Corp. The real estate listing information and related content displayed on this site 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. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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.
