Fully renovated up-down duplex in a central Colorado Springs location, offering strong income potential and flexibility for owner-occupants or investors. Each unit features 2 bedrooms and 1 bathroom, along with brand-new appliances and private in-unit laundry.
The downstairs unit includes a bright enclosed sunroom with its own separate entrance, while both units share a fully fenced yard. Live in one unit and offset your mortgage with rental income from the other, or explore additional revenue through short-term rental opportunities.
The upstairs unit is currently vacant, and the downstairs lease ends at the end of June--giving the future owner the flexibility to choose which unit to occupy. Both units have maintained a 0% vacancy rate in recent years, highlighting the property's consistent rental demand.
Additional income potential includes a separately rented garage and space to add an ADU (zoned R-2; buyer to verify with city). This is a rare opportunity to own a turnkey property with multiple income streams in a desirable location.
Sewer Line was lined in 2022, which comes with a 50 year warranty that transfers to the new owners.
New Furnace and New Split Units in Upstairs Unit. All Foundation issues were addressed and completed in 2022.