1822 E Pikes Peak AVE Active

Colorado Springs,CO 80909

$ 390000

- Bed

- Bath

2240 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $174

MLS Listing ID 7847974

HOA Y/N No

Year Built 1951

Annual Tax Amount $1,209

Tax Year 2024

Lot Size 4,850 Sqft

Acres 0.11

Property Sub-Type Multi Family

Source recolorado

Property Description

This is a freshly remodeled duplex. The maple flooring in the upstairs bedrooms have been refinished, and new tile floors have been added to the entries, bathrooms, and kitchens. There was a new furnace and AC installed, servicing the upstairs unit. This duplex has three bedrooms and one full bathroom up top. The kitchen has a dishwasher, disposal, and a gas stove; an electric hookup is also available. This property could be used as an office, hair studio, or any number of businesses, as it is zoned commercial. It has room to park three or four cars out front. The lower unit has shared laundry and a garage. You will find another kitchen, a bedroom, an office/bedroom, and a full bathroom. There is a yard in back and a driveway to the garage off the easement. The water and trash service is paid for by the owner, and the electric and gas expenses are paid by the tenants.

The duplex has been a very steady rental at $1350 for the top and $1250 for the lower unit. The owner believes the rents could be raised to the current market of around $1500/$1400. It may also rent well, fully furnished, to traveling nurses, considering the location.

Commercial - C-6 (General Business)
https://coloradosprings.gov/page/property-zoning-and-what-it-means?mlid=29086

Finished SF 2016 Lot size 4850 SF

Lower unit video.
https://youtu.be/t5SdlXb9Q1E?si=2e_X5b5GwUXW3Tuc

https://youtu.be/E1TjoUOIaYk?si=PoF3Vr2wOvVkej_m

This is an agent-owned property.

Location

State CO

County El Paso

Zoning C6

Interior

Fireplace N

Exterior

Exterior Feature Dog Run

Parking Features Asphalt,Concrete,Heated Garage

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional,Owner Will Carry

Listing Terms Cash,Conventional,Owner Will Carry

Virtual Tour https://youtu.be/BywcSAxm40s?si=SaRTtOa7kqdXtUU2

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