$300,000
$375,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,531 SqFt
SOLD DATE : 02/28/2024
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,531 sqft
Price per Sqft $195
Subdivision South End
MLS Listing ID 5556360
Sold Date 02/28/24
Bedrooms 3
HOA Y/N No
Abv Grd Liv Area 1,291
Originating Board recolorado
Year Built 1946
Annual Tax Amount $906
Tax Year 2022
Property Description
Great income opportunity. Two separate houses on one property. You can live in one house and rent out the other or rent out both. Front house has 2 bedrooms and 1 bathroom, and the rear house has 2 bedrooms and 2 bathrooms. The houses do need work and Seller is selling them as-is. Rear unit rent ($800/month) is way below market rent. There is plenty of opportunity for upside. Also, this property is in a hot new developing area within walking distance of Weidner Field, and all sorts of new construction and restaurants, entertainment, etc. The power plant near by is being torn down with the potential for even more re-development. Front house is 1120 sqft (800 finished). Rear house is an 731 sqft. Seller will consider all offers.
Location
State CO
County El Paso
Zoning R2
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Frame,Stucco
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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