Homes for sale - 506 W Cheyenne RD, Colorado Springs, CO 80906

Colorado Springs, CO 80906,506 W Cheyenne RD

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Diana Nelson

dianalynn@kw.com +1(303) 887-7491

$950,000

Est. payment - /mo

0.5 Acres Lot

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UPDATED:

09/24/2024 03:41 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6514427

HOA Y/N No

Originating Board recolorado

Year Built 1954

Annual Tax Amount $3,468

Tax Year 2022

Lot Size 0.500 Acres

Acres 0.5

Property Description

Thank you for your interest in this unique property in a desirable part of Colorado Springs near the Broadmoor resort. It is not uncommon to find a home with a cottage(ADU) on the lot, but it is rare to find a home with a 4-plex and a second 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 attached garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage all rented separately). Live in the front house and rent 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.

Location

State CO

County El Paso

Zoning R1-6 R2

Interior

Fireplace N

Exterior

Garage Driveway-Gravel

Garage Spaces 4.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Roof Type Composition,Membrane

Parking Type Driveway-Gravel

Total Parking Spaces 4

Garage Yes

Building

Sewer Public Sewer

Water Public

Structure Type Frame,Other,Stucco,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RAWHIDE COMPANY REALTORS THE • Rawhideno1@aol.com,719-338-3053

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Diana Nelson

+1(303) 887-7491

Team Leader | License ID: FA100065608

Team Leader License ID: FA100065608

506 W Cheyenne RD Colorado Springs, CO 80906

Diana Nelson

Diana Nelson

Key Details

Location

Interior

Exterior

Building

Others

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506 W Cheyenne RD