311 Farragut Avenue, Colorado Springs, CO 80909
Courtesy of Equity Colorado Real Estate. 719-428-5856
- $730,000
- 6
- BD
- 3
- BA
- 1,536
- SqFt
- List Price
- $730,000
- Status
- Active
- MLS#
- 3263953
- Price Change
- ▼ $20,000 1715122396
- Days on Market
- 11
- Property Type
- Single Family Residence
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 1,536
- Lot Size
- 8,250
- Finished Sqft
- 1536
- Basement Sqft %
- 100
- Acres
- 0.19
- County
- El Paso
- Neighborhood
- East End Addition
- Year Built
- 1952
Property Description
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!
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Additional Information
- Lot Description
- See Remarks
- School District
- Colorado Springs 11
- Garage Type
- None
- Construction Status
- Existing Home
- Siding
- Stucco
- Tax Year
- 2022
- Existing Utilities
- Electricity Connected, Natural Gas Connected
- Appliances
- 220v in Kitchen, Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave, Range, Refrigerator, Washer
- Existing Water
- Municipal
- Structure
- Framed on Lot
- Roofing
- Shingle
- Laundry Facilities
- Electric Dryer Hookup
- Basement Foundation
- Full
- Optional Notices
- Not Applicable
- Miscellaneous
- AutoSprinklerSystem, RV Parking
- Heating
- Electric, Forced Air, Heat Pump
- Cooling
- Central Air, Electric, See Remarks
- Earnest Money
- 7500
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