ResultsBackNext

311 Farragut Avenue
Colorado SpringsCO 80909

$750,000
New Listing
Tools
Brochure
Size
0.19 Acres
Exterior
Financial
$750,000
Change Currency
$1,266
Annual taxes
Listing Details
Multi Family
Property type
1952
Year Built
11227165
Web Id
2332705
MLS ID
20
Days Posted

Description

311 Farragut Avenue, Colorado Springs, CO 80909

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!

This is an Active listing.

Broker Office Phone Number: 719-428-5856

Copyright © 2024Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Heat Pump
  • Composition Shingle Roof

Price History

datePricevariancetype
4/18/2024$750,000-Listed
Listing By: Equity Colorado Real Estate via Data Source: Pikes Peak Association of REALTORS 
listing agent: Charlie Peace


Located at 311 Farragut Avenue, Colorado Springs, Colorado 80909, this Multi Family is for Sale with a price of $750,000 USD. The property was built in 1952,. This listing encompasses a lot of .19 Acres. See all Homes for Sale in Colorado Springs.
Contact Agent