506 W Cheyenne Road Colorado Springs, CO 80906
Thank you for your interest in this unique property in a desirable part of Colorado Springs near the Broadmoor resort. 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 attached 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 all rented separately). 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$3,468
- HOA/Condo/Coop Fees$0
- Days on Site13 Days
- MLS StatusActive
- MLS ID Number6514427
- Home Size Source N/A
- Year Built1954
- Lot Size0.5 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 506 W Cheyenne Road Colorado Springs, CO 80906
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General Features
- Construction FrameOtherStuccoWood Siding
- Parking Driveway- Gravel
- Parking Spaces 4
- Sewer Public Sewer
- Electric 220 Volts
- Acreage 0.5
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Property Sub Type Multi Family
- Garage Spaces 4
- Attached Garage Yes
- Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
- Zoning R1-6 R2
Interior Features
- Fireplace No
Exterior Features
- Roof CompositionMembrane
- Spa No
- Waterfront Property No
Community Features
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)