1124 Pikes Peak Ave Colorado Springs, CO 80904

Listing details for 1124 Pikes Peak Ave, Colorado Springs, CO 80904 : 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 that’s 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.