1824 W. Colorado Ave, Colorado Springs, CO 80904
MLS® #: 7874418
$850,000
- 4 Beds | 5 Bath | 3,219 Sq. Ft. | 0.17 Acres
- Office : ERA Shields Real Estate
- Listing Agent : Benjamin Kennedy SRES
- Status : Active
Welcome to this exquisite and rare opportunity in the heart of Old Colorado City! Nestled on a charming tree-lined street, this historical Craftsman accompanied by a newer separate cottage built in 2000, is a truly unique gem. Offering an abundance of charm and character, this property is a dream come true for the discerning investor or savvy house hacker. The triplex itself is a testament to craftsmanship and timeless design. The thoughtful layout allows for comfortable living spaces, while retaining the property's authentic appeal. Stepping outside, you'll discover the newer cottage tucked away in the back. Built in 2000, this separate dwelling offers a contemporary touch, providing a harmonious balance to the historical. The cottage is ideal for multigenerational living, additional rental income, or even as an office or studio space. The possibilities are endless, thanks to the commercial zoning of the property. Situated within walking distance from downtown Old Colorado City, you'll find yourself surrounded by a vibrant community with a plethora of shopping boutiques, local parks, and renowned restaurants. The flexibility afforded by the commercial zoning allows for a variety of potential uses, such as short-term rentals, retail spaces, or a live-work setup. The steady rental income from the triplex offers a reliable revenue stream, providing financial stability and the potential for long-term wealth accumulation. Whether you're looking to grow your real estate portfolio, generate passive income, or create a unique living arrangement, this property is poised to deliver both aesthetic and financial benefits. Don't miss your chance to own a piece of history and unlock the potential of this remarkable property. All furnishings, decor, and appliances are included! NEW SEWER LINE 2023! BRAND NEW CARPET IN THE COTTAGE! NEW EXTERIOR/INTERIOR PAINT 2021! NEW BOILER 2020! 4 YEAR ROOF CERT! Main house is 2,379sqft, back cottage is 840sqft.
- EXPLORE THE AREA
- - NEIGHBORHOOD - SCHOOL DISTRICT - ZIP CODE
Essential Information
- StatusActive
- Days On Market60 Days
- Price$850,000
- Price Per Sq. Ft.$264
- Bedrooms4
- Total Bathrooms5
- Square Footage3,219
- Finished Square Footage2,810
- Acres0.17
- Year Built1888
- Floor Plan2 Story
Community Information
- Address 1824 W. Colorado Avenue, Colorado Springs, CO 80904
- Neighborhood West Colorado Springs
- Covenants No
Interior
- Master Bedroom On Main Y
- Main Floor Sq. Ft. 2,232
- Basement Sq. Ft. 409
- Upper Sq. Ft. 578
Exterior
- Exterior Wood
- Roof Composite Shingle
- Construction Existing Home
- Foundation Partial Basement
- Garage Yes
- Garage Type None
Heating & Cooling
- Air Conditioner No
- Heating Type Baseboard
Lot Information
- Lot Size 7,372
- Lot Desc Level
School Information
- DistrictColorado Springs 11
Additional Information
- MLS® #7874418
- Date Listed On Site07-24-23
- NoticesNot Applicable
- Taxes1,985
- Earnest Money8,500