311 Farragut Ave, Colorado Springs, CO 80909
MLS® #: 3263953
$750,000
- 6 Beds | 3 Bath | 1,536 Sq. Ft. | 0.19 Acres
- Office : Equity Colorado Real Estate
- Listing Agent : Charlie Peace
- Status : Active
Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors. The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it! Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation. Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don't miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!
- EXPLORE THE AREA
- - NEIGHBORHOOD - SCHOOL DISTRICT - ZIP CODE
Essential Information
- StatusActive
- Days On Market11 Days
- Price$750,000
- Price Per Sq. Ft.$488
- Bedrooms6
- Total Bathrooms3
- Square Footage1,536
- Finished Square Footage1,536
- Acres0.19
- Year Built1952
- Floor PlanRanch
Community Information
- Address 311 Farragut Avenue, Colorado Springs, CO 80909
- Neighborhood East End Addition
- Covenants No
Interior
- Features 6-Panel Doors
- Master Bedroom On Main Y
- Main Floor Sq. Ft. 768
- Basement Sq. Ft. 768
- Floors Carpet, Tile, Wood, Luxury Vinyl
- Appliances 220v in Kitchen, Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
Exterior
- Exterior Stucco
- Roof Composite Shingle
- Construction Existing Home
- Foundation Full Basement
- Out Buildings Gazebo,Shop,Storage Shed
- Garage Yes
- Garage Type None
- Garage Spaces 0
Heating & Cooling
- Air Conditioner Yes
- Heating Type Electric,Forced Air,Heat Pump
Lot Information
- Lot Size 8,250
- Lot Desc See Prop Desc Remarks
School Information
- DistrictColorado Springs 11
Additional Information
- MLS® #3263953
- Date Listed On Site04-26-24
- NoticesNot Applicable
- Taxes1,266
- Earnest Money7,500
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