313 7th St Colorado Springs, CO 80905

Listing details for 313 7th St, Colorado Springs, CO 80905 : Historic Gem with ADU & Unmatched Potential – Sold AS IS. Step back in time and own a piece of the city’s soul with this enchanting 1890s home, lovingly cared for by the same owner for 48 years. Nestled on a secluded end lot, this 2,008 sq. ft. home offers a peaceful retreat just moments from the vibrant energy of Downtown and the historic charm of Old Colorado City. The main floor features the convenience of a master bedroom. For the savvy buyer or investor, this property is being offered in its current "AS IS" condition, presenting a prime opportunity to build substantial sweat equity. The lower level presents a fantastic investment opportunity with a fully integrated Accessory Dwelling Unit (ADU), complete with a full kitchen and a private, separate entrance. This is a perfect setup for generating significant rental income, "house-hacking" by living in one unit and renting the other, or creating a private in-law suite. Step outside into the wonderful garden area, a true urban oasis. For the visionary investor dreaming of even greater potential, a rare opportunity awaits: the adjacent vacant lot is also available for purchase. Acquire both to create an unparalleled private sanctuary, explore development possibilities, or simply expand your yard to secure your tranquil setting for years to come. This property is a find for those with the vision to polish a historic diamond. Don't miss your chance to become the next steward of this remarkable property and capitalize on its incredible potential. Seller will make no repairs; this is your chance to bring your vision to life.