Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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