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1124 W Pikes Peak Avenue

Colorado Springs, CO 80904
  • $714,900
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 2138326
Price Reduced
$714,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Renjoy Real Estate: (719) 650-7245.

Description

Welcome to this House and Cottage with a double lot on desirable West Pikes Peak Ave, where historic charm meets modern luxury! This cosmetically remodeled property is a rare find. Formerly a 2 bedroom 1 bathroom house, a main level master suite has been added to turn the house into a modern 3 bedroom, 2 bathroom house with central air, PLUS a brand new 2 bedroom, 1 bathroom cottage with separate utilities, ideal for multi-generational living or significant rental income potential!The Main House: Step inside the main house and experience the fresh, modern feel of a complete cosmetic remodel. From the newly installed windows, sleek new flooring, and a brand-new kitchen equipped with top-of-the-line appliances, to the added master suite with its private en-suite bathroom. The home also now features central AC, a new roof, gutters, and windows.The Cottage: But thats not all"this property includes a detached cottage, offering an exciting opportunity to significantly reduce the cost of homeownership. With 2 bedrooms, a bathroom, and all-new construction, this cottage is completely move-in. It features its own private parking, a fenced-in yard with a charming deck, electric heat, and a mini-split AC system. Plus, with separate utility metering, managing tenants is a breeze!Income Potential: Whether you choose to rent the main house while living in the cottage, or rent both units to maximize your investment, the income potential here is unbeatable. Reduce your mortgage payments through consistent rental income from either unit"an exceptional opportunity for any homeowner or investor!Location, Location, Location: Pikes Peak Ave is a desirable neighborhood just minutes from downtown Colorado Springs. It has easy access to local restaurants, shops, and outdoor activities. Whether you're looking to enjoy the vibrant local lifestyle or take full advantage of the property's rental possibilities, this property offers unmatched flexibility and value.

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Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-02T23:41:08.367.
www.summitgroupcolorado.com/homes/154349285
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1124 W Pikes Peak Avenue Colorado Springs, CO 80904

  • Price: $714,900
  • Status: Active
  • On Site: 34 Days
  • ID#: 2138326
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1909
Built
Neighborhood:
West Colorado Springs
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Welcome to this House and Cottage with a double lot on desirable West Pikes Peak Ave, where historic charm meets modern luxury! This cosmetically remodeled property is a rare find. Formerly a 2 bedroom 1 bathroom house, a main level master suite has been added to turn the house into a modern 3 bedroom, 2 bathroom house with central air, PLUS a brand new 2 bedroom, 1 bathroom cottage with separate utilities, ideal for multi-generational living or significant rental income potential!The Main House: Step inside the main house and experience the fresh, modern feel of a complete cosmetic remodel. From the newly installed windows, sleek new flooring, and a brand-new kitchen equipped with top-of-the-line appliances, to the added master suite with its private en-suite bathroom. The home also now features central AC, a new roof, gutters, and windows.The Cottage: But thats not all"this property includes a detached cottage, offering an exciting opportunity to significantly reduce the cost of homeownership. With 2 bedrooms, a bathroom, and all-new construction, this cottage is completely move-in. It features its own private parking, a fenced-in yard with a charming deck, electric heat, and a mini-split AC system. Plus, with separate utility metering, managing tenants is a breeze!Income Potential: Whether you choose to rent the main house while living in the cottage, or rent both units to maximize your investment, the income potential here is unbeatable. Reduce your mortgage payments through consistent rental income from either unit"an exceptional opportunity for any homeowner or investor!Location, Location, Location: Pikes Peak Ave is a desirable neighborhood just minutes from downtown Colorado Springs. It has easy access to local restaurants, shops, and outdoor activities. Whether you're looking to enjoy the vibrant local lifestyle or take full advantage of the property's rental possibilities, this property offers unmatched flexibility and value.
Exterior Features

Fence Rear Foundation Details Crawl Space Lot Size 7500.0000 Lot Size Units SqFt Parking Spaces Number Of 4 Roof Composite Shingle Siding Masonite TypeWood Structure Frame

Interior Features

Appliances DishwasherDisposalMicrowave OvenOvenRangeRefrigerator Cooling Central AirWall Unit(s) Heating BaseboardForced Air Laundry Facilities Electric Hook-up Unit Total Baths 3 Unit Total Beds 5

Property Features

Earnest Money 7500 Income Property Sub Type House W/Cottage Notices Broker Owned Tax Amount 1526.03 Tax Year 2023 Terms CashConventionalFHAVA Unit Count 2 Utilities Cable ConnectedElectricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2024-10-02T23:41:08.367.
 
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Summit Group Colorado | eXp Realty
215 W Rockrimmon Blvd
Colorado Springs CO, 80919
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Renjoy Real Estate: (719) 650-7245.