$730,000
$855,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,915 SqFt
SOLD DATE : 07/07/2023
Key Details
Sold Price $730,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 2,915 sqft
Subdivision Colburns
MLS Listing ID 3690635
Sold Date 07/07/23
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 2,955
Year Built 1890
Annual Tax Amount $1,865
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Attached Dwelling
Source REcolorado
Property Description
Incredible investment opportunity located in the heart of downtown Colorado! This beautifully updated duplex/triplex offers not one, not two, but three income-generating units, making it the perfect investment for savvy investors. The main unit (Unit 3) features two spacious bedrooms, two baths, in-unit laundry, and a it's own entrance with one garage space. The second unit (Unit 2) is a one-bedroom, one-bath space with in-unit laundry, its own entrance, and has natural light through out with all the windows. This unit includes furniture. Lastly, the third unit (Unit 1) is a loft with a full bathroom and kitchenette, recently updated by the seller. This investment property is truly turnkey, with all kitchens boasting solid surfaces and appliances. The seller has recently replaced the windows, flooring, HVAC systems, hot water heaters, and electric in the new loft. You can be confident that this property is ready to generate income for you from day one. The location of this income property is unbeatable, within walking distance to downtown Colorado Springs' best restaurants, coffee shops, Colorado College campus, and parks. This is an area in high demand, with a steady stream of renters looking for modern, updated units in this sought-after location. The yard has been redone, and the fence replaced, providing added value to the property. This is a fantastic investment opportunity for anyone looking for a low-maintenance, high-yield property in downtown Colorado. Don't miss out on this incredible opportunity - schedule a showing today!
Location
State CO
County El Paso
Area Out Of Area
Zoning R2
Direction from I-25, going south, exit 142 for Bijou Street toward downtown, continue straight on sierra madre st, turn left on corona st, turn left on Bijou St
Rooms
Other Rooms Outbuildings
Basement Partial
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Exterior
Garage Spaces 5.0
Fence Fenced
Roof Type Composition
Street Surface Dirt,Gravel
Porch Patio
Building
Story 3
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Tri-Level
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Appraiser
Special Listing Condition Private Owner
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