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$389,998
Est. payment /mo
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5191608
Construction Status Existing
HOA Y/N No
Year Built 1956
Annual Tax Amount $1,065
Tax Year 2025
Lot Size 7,500 Sqft
Property Sub-Type Duplex
Property Description
Updated main level living duplex close to downtown CO Springs! Tucked into a charming, established neighborhood with great rental history! Both units have been updated with vinyl windows, tile flooring, and full kitchen/bath upgrades! 505 is a 2 bed/1 bath property, 503 is a 1 bed/1 bath unit. 505 leased through 3/31/2026. 503 Iowa leased through 10/1/2026. Tenants pay seperate electric/gas, water/sewer on house meter. Furnace replacement 2015, upgraded electrical 2013! Perfect for both new and seasoned investors with opportunity to live on one side and rent out the other!Property is mixed use medium scale zoning, allowing for additional possibilities for the space!
Location
State CO
County El Paso
Area J R Marks
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 3.0
Fence Rear
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone
Roof Type Composite Shingle
Building
Foundation Crawl Space
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Established Rental History, Sold As Is
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Listed by Byrne Real Estate and Property Management PLLC
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