506 W Cheyenne Road Colorado Springs, CO 80906
Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyEl Paso
- Taxes$3,524
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number6889547
- Home Size Source N/A
- Year Built1954
- Lot Size0.4993 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Basement Full
- Acreage 0.4993
- Property Sub Type Mixed Use
- Utilities Cable AvailableElectricity ConnectedNatural Gas Connected
Interior Features
- Cooling NoneSee Remarks
- Heating Forced AirNatural Gas
- Appliances RangeRefrigerator
- Fireplace Features OneWood Burning
- Laundry Features None
- Fireplace Yes
Exterior Features
- Roof Other
- Fencing See Remarks