$1,200,000
Active
14 Days Online
0 Beds0 Baths0 SQFT
Active

506 W Cheyenne Road Colorado Springs, CO 80906

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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 Site13 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

Schools

School District
Cheyenne Mtn-12
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$6,400
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