225 Custer Avenue, Colorado Springs

$500,000

0 Beds
0 Baths
1,532 Sqft
6820 Acres
3 Garages

Please see docs section for additional description. *** Located in the fast growing and much in demand 80903 zip code, this exciting duplex is located one mile east of downtown, with easy bike or walking access to the adorable Tejon street shops. Located between two parks (Boulder and Memorial), and within half a mile from Memorial Hospital and the Olympic Training Center and 1.5 miles from Colorado College, this unit has enormous (and proven) rent potential. Because of the zoning (and granted variance), this property can be utilized as owner occupied with either a long-term or Airbnb renter in the back (proven $2400/month rents, see documentation) or be utilized as two dual rental units for 30+ days or more (proven $3600/month, see documentation). Additionally, this property has a large 3 car garage which could be utilized as a third storage space rental. The main unit (225) is a 2/1 and was fully removed in 2017/2018 (fully permitted, see docs). Renovations included: adding AC, new roof, windows, stucco, lights tiles, fence and landscaping, refurbishing of original floors, doors, windows. New stainless steel appliances and granite countertops. The back unit (227) is located above the garage and is a 2/2. It was built brand new in 2017/2018. This unit has tile floor throughout, new appliances, new high efficiency furnace and water heater, new AC, washer/dryer, deck space and small yard. Other things to note: Both units have washer/dryers, AC, private outdoor space, in unit. Listing agent is part owner of this unit. AVAILABLE TO SHOW: SUNDAY, 10AM-2PM

Status: Active Under Contract

Metrolist Services Inc (Colorado) Logo Brokers Guild Homes.

Essential Information
MLS® #8102781
Price$500,000
Bathrooms0.00
Square Footage1,532
Acres6,820.00
Year Built2017
TypeResidential Income
Sub-TypeDuplex
StatusActive Under Contract
Community Information
Address225 Custer Avenue
SubdivisionFairview
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80903
Amenities
# of Garages3
Interior
HeatingForced Air
CoolingCentral Air
FireplaceYes
# of Fireplaces1
StoriesOne
Appliances

Dryer, Microwave, Oven, Range, Refrigerator, Range Hood, Self Cleaning Oven, Washer

Exterior
RoofComposition
ConstructionConcrete, Stucco, Wood Siding
School Information
DistrictColorado Springs 11
ElementaryColumbia
MiddleNorth
HighPalmer
Additional Information
Date ListedAugust 20th, 2020
Days on Market16
ZoningR-2
Listing Details
Metrolist Services Inc (Colorado) LogoBrokers Guild Homes
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Listing information last updated on September 20th, 2020 at 5:02pm MDT.