2228 W Colorado Avenue, Colorado Springs, CO, 80904

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View of exterior details

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Drone / aerial view with a mountain view

Drone / aerial view featuring a mountain view

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$499,000

Highlights
Income
Duplex
2228 W Colorado Avenue, Colorado Springs, CO, 80904 listed by Brent Demos
Under Contract - Showing
MLS#: 7304551
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Space maker

Property Description

GREAT INVESTMENT , OWNER USER OR COMMERCIAL PROPERTY IN THE HEART OF OLD COLORADO CITY- Recently updated (including a new sewer line)with lots of extra parking-Walking distance to shopping, restaurants, schools, and park-Back unit is currently rented- Front unit is vacant and awaiting a new RESIDENTIAL OR COMMERCIAL TENANT OR OWNER OCCUPANT- This property is ZONED C-5 and can be used for commercial use as in the past-Definitely upside potential for rents - *NOTE* 3rd bedroom in unit one does not have a closet. Current lease for rear unit is month-to-month - Call listing brokers for further details and room sizes.*NOTE*THIS COULD BE A BEUTIFUL OWNER OCCUPIED SINGLE FAMILY HOME AS IN THE PAST AND BE PERFECT FOR MULTIGENERATIONAL LIVING SINCE THE FRONT AND BACK UNITS ONLY HAVE A SEALED DOOR FOR SEPARATION. FRONT UNIT IS REMODELED AND VACANT NOW AND SHOWS WELL- ALSO IDEAL FOR A VRBO IN FRONT UNIT( WALKING DISTANCE TO OCC WOULD BE IDEAL FOR SUMMER TOURISTS) AND HAVE FIXED INCOME IN REAR UNIT. SEE MLS #9932320 FOR FURTHER DETAILS.

Property Listed By

Brent Demos
0118-833-917

Demos Real Estate and Investments
0118-833-917

Property Details

General Features

Property Type: Duplex
Year Built: 1941
County: El Paso
School District: Colorado Springs 11
List Price: $499,000

Unit Information

Beds	Baths	Parking	Rent	SqFt
2	2	1	$1,350
2	1		$1,795

Total Parking Spaces: 1
Total Units: 2
Total Rent: $3,145

Structure

Foundation: Full Basement
Structure: Concrete, Frame
Construction Status: Existing
Siding: Wood
Window Type: Fiberglass

Features

Heating: Forced Air
Laundry: Electric Hook-up
Appliances: Dryer, Range, Refrigerator, Washer

Taxes, Utilities, Lot

Tax: $1,238
Lot Size: 0.10 Acres, 4,560 SqFt
Appliances: Dryer, Range, Refrigerator, Washer
Laundry: Electric Hook-up
Heating: Forced Air
Existing Water: Assoc/Distr
Existing Utilities: Cable Available, Electricity Connected, Telephone

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