1914 Monument St Colorado Springs, CO 80909

Listing details for 1914 Monument St, Colorado Springs, CO 80909 : INVESTMENT OPPORTUNITY - HOUSE HACK - 1914 E. Monument St is a side-by-side duplex walking distance to the Olympic Training Center. One unit is currently leased at $1,099/month and professionally managed by Atlas Real Estate, providing immediate rental income from day one. The second recently renovated unit is vacant, giving a buyer two clear paths: add a duplex to an investment portfolio, or house hack by living in one unit while the tenant's rent offsets the mortgage. PROPERTY HIGHLIGHTS: Side-by-side duplex on a single lot, One unit currently leased at $1,099/month, under, professional property management, Off-street parking and on-site laundry, Duplex set up with each unit having their own furnace, water heater, and, laundry units., Large three car driveway, Private and shared yard space, Updated finishes (new paint, new kitchen, upgraded flooring/appliances in front unit). LOCATION: Minutes from downtown Colorado Springs, close to Patty Jewett Golf Course, Olympic Training Center, Palmer Park, and UCH-Memorial Hospital's central campus (under a mile away). Colorado College is under 3 miles away, and the area has a mix of cafes, parks, schools, and shops with mountain views. THE OPPORTUNITY: This is a duplex with one side already generating $1,099/month in rent. Fully rented this investment produces $2200 gross rent, making this a 7+ Cap investment. Option of giving an investor immediate cash flow or an owner-occupant a built-in path to house hacking.