Listing courtesy of HomeSmart.
Rare Income Earning Property in Colorado Springs. This single-family home is located on a cul-de-sac that backs to Rock Island trail. Property Details: 4-bed & 3-bath income property with 1,598 interior sqft and a spacious lot size of 9,178 sqft. This unique investment presents a prime investment opportunity with 3 currently occupied units. Built in 1968, this well-maintained investment property is divided into four one-bedroom units with a shared kitchen, dining area, and a covered deck for common use. It also features two washer & dryer systems for tenants' convenience.Recent upgrades include a new class-4 shingled roof with gutters installed in the fall of 2023, and a central air system added in 2019 for cooling during the summer months.The private entrance walkout basement is equipped with a mini fridge, coffee station, microwave, and a separate washer/dryer combo. Tenants enjoy a bi-weekly cleaning, and residents enjoy scheduled lawn service and snow removal. It also offers a fully fenced-in yard, two paid parking spots offers in the attached garage, and a covered deck for relaxation in the summer. The primary suite bedroom with an attached bath is currently unoccupied and available for rent or as owner-occupied space. With abundant natural beauty, there are walking and biking trails to downtown Colorado Springs. It's only 5 minutes away from Citadel Mall and a short 15-minute drive to downtown Colorado Springs for dining, sporting events, and shopping. Schedule your private tour today and seize this incredible investment opportunity!
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