940 S SIERRA MADRE ST Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80903
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4977018
Construction Status Existing
HOA Y/N No
Year Built 1954
Annual Tax Amount $1,580
Tax Year 2024
Lot Size 10,000 Sqft
Property Sub-Type Duplex
Property Description
Fantastic opportunity for both owner-occupants and investors alike! This well-situated duplex sits just outside downtown on a generously sized lot with ample off-street parking. One unit is already rented, providing instant income from day one, while the second unit offers the option to live in or rent out for additional cash flow.
With downtown's continued growth, you'll enjoy convenient access to new restaurants, Switchbacks Stadium, and quick connections to I-25 for easy travel north or south. In today's challenging housing market, this property delivers a rare and affordable living solution with built-in investment potential.
Location
State CO
County El Paso
Area South End
Interior
Cooling None
Laundry None
Exterior
Garage Spaces 1.0
Fence None
Utilities Available Electricity Connected,Natural Gas Connected,Telephone
Roof Type Composite Shingle
Building
Foundation Crawl Space
Water Municipal
Structure Type Frame
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable,Sold As Is
Virtual Tour https://www.propertypanorama.com/instaview/ppar/4977018