2228 W Colorado Avenue, Colorado Springs, CO 80904

$499,000 Asking Price

5 beds
3 baths
2,708  sqft
Built in 1941

GREAT OPPORTUNITY IN DESIRABLE WEST SIDE! THIS UNIQUE PROPERTY HAS MULTIPULE USES WITH C-5 ZONING. (RESIDENTIAL,MULTI-FAMILY ,COMMERCIAL AND EVEN ADU Unit(Additional Dwelling Unit). ALSO IDEAL FOR A VRBO IN FRONT UNIT AND OWNER OCCUPANT/FIXED INCOME BACK UNIT. ALL USES(NOT ADU OR VRBO) HAVE BEEN TAKEN ADVANTAGE OF IN THE PAST. THIS PROPERTY CONSISTS OF 4 BEDROOMS WITH THE OPTION FOR 2 MORE, 3 BATHROOMS, FAMILY ROOM, DINING ROOM, LIVING ROOM , 2 KITHCENS AND A SPACIOUS 2 CAR DETACHED GARAGE. THERE IS CURRENTLY A CLOSED(LOCKED) DOOR BETEWEEN THE TWO UNITS AND CURRENTLY THERE IS A TENANT IN REAR. THE FRONT IS NEWLY REMODELED AND CURRENTLY VACANT AND WAITING FOR AN OWNER OCCUPANT, INVESTOR OR COMMERCIAL TENANT. EVEN THOUGH THIS PROPERTY ONLY HAS ONE SCHEDULE NUMBER AND ON UTILITY BILL WITH ONE METER, THERE ARE 2 FURNACES AND 2 WATER HEATERS. (OWNER PAYS UTILITIES AND REFLECTED IN RENT)- THIS IS TRULY A UNIQUE PROPERTY IN THE HEART OF OLD COLORADO CITY AND HOLDS ENDLESS POSIBILITIES ( EVEN MULTIGENERATIONAL OPTIONS) WALKING DISTANCE TO SHOPPING, RESTARAUNTS, SCHOOLS AND PARKS- CALL FOR FURTHER DETAILS -SEE MLS #7304551 FOR CURRENT PICTURES AND MORE INFORMATION.

Features & Amenities

Interior

Appliances:
220v in Kitchen,Range,Refrigerator
Flooring:
Carpet
A/C:
None
Heating:
Forced Air
Fireplace:
None

Exterior

Style:
Ranch

Construction

Roofing:
Composite Shingle
General:
Wood, Ranch, Full Basement

Location

HOA Amenities:
0.0, Not Applicable
School District:
Colorado Springs 11
County:
El Paso

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Telephone
Water:
Association

This listing courtesy of:
Demos Real Estate and Investments, Brent Demos

About Colorado Springs, CO

Housing

Number of Units
261,010
Median Home Value
$320,371
Median Rent
$1,128

38.15% of housing units are renter occupied.

4.79% are vacant.

Commute

Car
65.07%
Public Transportation
0.55%
Walk to Work
1.30%
Work from Home
32.17%
Other
0.52%

The median travel time to work is 17 minutes.

People

Population
618,741
Median Age
35.20
Median Household Size
2.77

Education

High School
20.31%
Associate’s Degree
11.24%
Bachelor’s Degree
24.43%
Graduate Degree
15.25%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: