506 W. Cheyenne Rd, Colorado Springs, CO 80906
MLS® #: 4815857
$950,000
- 4 Beds | 2 Bath | 2,379 Sq. Ft. | 0.50 Acres
- Office : The Rawhide Company
- Listing Agent : Douglas Barber C2EX CRB EPRO GRI REDS
- Status : Active
Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a single-family home with a 4-plex and a second detached 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced back yard and large front yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units, a detached two-car garage and a large open space. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.
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Essential Information
- StatusActive
- Days On Market22 Days
- Price$950,000
- Price Per Sq. Ft.$399
- Bedrooms4
- Total Bathrooms2
- Square Footage2,379
- Finished Square Footage2,379
- Acres0.50
- Year Built1954
- Floor PlanRanch
Community Information
- Address 506 W. Cheyenne Road, Colorado Springs, CO 80906
- Neighborhood Fenmoor
- Covenants No
Interior
- Master Bedroom On Main Y
- Main Floor Sq. Ft. 1,391
- Basement Sq. Ft. 988
- Fireplace One, Wood Burning
- Appliances Range, Refrigerator
Exterior
- Exterior Masonite Type,Stucco,Wood
- Roof Other
- Construction Existing Home
- Foundation Full Basement
- Out Buildings Other,See Prop Desc Remarks
- Garage Yes
- Garage Type Attached
- Garage Spaces 2
Heating & Cooling
- Air Conditioner No
- Heating Type Forced Air,Natural Gas
Lot Information
- Lot Size 21,748
- Lot Desc Level
- Fence Rear,See Prop Desc Remarks
- Wells Numberof 0
School Information
- DistrictCheyenne Mtn-12
Additional Information
- MLS® #4815857
- Date Listed On Site08-19-24
- NoticesNot Applicable
- Taxes3,524
- Earnest Money20,000
Map of 506 W. Cheyenne Road, Colorado Springs, CO 80906
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