519 N Chestnut Street, Colorado Springs, CO, 80905

Main house

Unit B

kitchenette with double burner cooktop Unit B

Unit B

Main house built in breakfast bar

Image 11 of 37: Exposed wood beams, recessed lighting, ceiling fan light fixture, and a kit

Exposed wood beams, recessed lighting, ceiling fan light fixture, and a kitchen entry

Exposed wood beams and columns

Main house

Main house Kitchen featuring wood-paneled walls, white cabinetry, integrated cooktop, wall oven, and built-in microwave

Main house built in storage shelves

Main house

Main house Parking spot

Main house

Multi-level stamped concrete patio with privacy fencing, and spa

Stenciled concrete patio with a tiered rock garden and wood privacy fencing

Unit B

Main house

Main house front yard

Gravel driveway and stone hillside tiers

Original stone stairs

Gravel lot with a horizontal slat privacy fence

Main house with front parking spot

Lot

Driveway

Unit B private patio with fenced yard

Partially enclosed carport with decorative corbels

Unit B Parking space

Image Count: 37

$439,000

Highlights
Single Family
2 bd | 2 ba | 1,186 sqft
519 N Chestnut Street, Colorado Springs, CO, 80905 listed by Kristin Smith
Active
MLS#: 1497117
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Space maker

Property Description

Turn-key, fully furnished West Side home with great investment potential next to Old Colorado City area! Boasting a strong history of rental income, this versatile property offers a prime opportunity to live in one home and rent the other. The main home features a nice balance of unique original character and modern comforts. Log pillars, exposed beams, and a custom hand-carved rollout counter and cabinet give the space its distinctive charm. The interior has a well-appointed queen bedroom, a full bath, and a full kitchen that flows into a breakfast bar area and comfortable living space. Designed to maximize natural light, the home features expansive windows and a skylight that invite a steady cross breeze. Outdoor living is equally effortless, offering a private patio and turf yard equipped with a propane grill and seating. Just across the large concrete patio sits Unit B, a fully equipped 550-square-foot house. This private secondary living space features a plush King bed, a full bathroom, a convenient kitchenette, a stackable washer/dryer, and a mini-split system for personalized heating and cooling. Outside, a small fence encloses its private, walk-out stamped concrete patio, creating a beautifully secluded retreat. Private and tucked away among mature trees, this expansive 9,000 SF lot features alley access and incredible investment flexibility. The R-2 zoning and lot layout provide multiple configurations for short-term rentals, long-term leasing, multi-generational living, or a combination of these. Final property enhancements are currently being completed, including fresh exterior paint and deck refinishing to ensure it is completely turnkey. Absolute prime location minutes from Downtown Colorado Springs, Manitou Springs, Garden of the Gods, I-25, and Highway 24.

Property Listed By

Kristin Smith
2080-997-917
226501898

Fathom Realty Colorado LLC
0406-554-888
00003536

Hello, my name is Kristin. I have lived in the beautiful state of Colorado for the majority of my life. I am a proud mother of two amazing boys. With a strong passion to help people and the love of the opportunity to grow, I decided to begin a career in Real Estate in 2007. My personal goal is to impact people in a manner that leaves them better than before we met. I look forward to helping people through every step of the home buying/selling process, watching their confidence grow and goals exc...

Property Details

General Features

Property: Single Family, Ranch
Year Built: 1942
List Price: $439,000
County: El Paso
School District: Colorado Springs 11

Rooms

Bedrooms: 2
Baths: 2 full bath;
Master Bathroom Amenities: Tub/Shower
Laundry: Electric Hook-up

Structure

Heating: Natural Gas
Garage/Parking #: 1 vehicle(s), Carport
Total SqFt: 1,186
Finished SqFt: 1,186
Construction Status: Existing Home
Siding: Wood
Structure: Log, Frame

Features

Appliances: 220v in Kitchen, Cook Top, Dishwasher, Dryer, Microwave Oven, Oven, Refrigerator, Washer
Additional Items: Fully furnished with all current furnishings, kitchen appliances, dishes, decor, TV's, & Hot tub (currently undergoing permit process).
Laundry: Electric Hook-up

Taxes, Utilities, Lot

Tax: $1,119
Lot Size: 0.21 Acres, 8,999 SqFt
Driveway: Gravel
Alley: Gravel
Lot Location: Near Public Transit, Near Schools
Lot Description: Hillside
Existing Utilities: Cable Available, Electricity Connected
Existing Water: Municipal

Community

HOA Frequency: Annual

Additional Information

Notices: Broker Owned

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