Skip main navigation
Off market
  • $835,000

    123 N Hancock Ave, Colorado Springs, CO 80909

    6beds
    2,850sqft
    SingleFamily
    Built in 1908
    0.38 Acres Lot
    $835,000 Zestimate®
    $293/sqft
    $4,132 Estimated rent

    Home value

    $835,000

    $726,000 - $969,000

    $4,132/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,132/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,132/mo

    Rent Zestimate®

    Refinance and save

    $4,748/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,748/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    2019 remodeled incredible income property opportunity. 2 seperate homes on property w/ 3 car garage. Main home 4 bedrooms and 3.5 baths ~2k sq/ft. The guesthouse is 2 bed 2 baths ~950 sq/ft above the three-car garage. Brand new renovations on both homes 2019. MAin home has two masters with private ensuites, one of them a main level master second is upstairs with insane Pikes Peak View. Beautifully redesigned kitchen with marble countertops 12-foot ceilings. Two more bedrooms upstairs, one king bedroom, one kid's bedroom, with a shared bathroom. Brand new HVAC with AC/heat, washer and dryer on the main level with all new top line stainless appliances in kitchen. Partially finished basement with mechanical and storage of 700sq ft. Private patio overlooking pikes peak, massive driveway with access from the street and the alley, with parking for 6 vehicles. Guest house can be used as a fully prepped income property or mother in law suite. Has 1 master bedroom with ensuite bath, and a second bedroom with its own bathroom. Brand new kitchen, HVAC with A/C, electrical and plumbing. washer and dryer in the garage. with storage room. garage as access to interior stairs for cold weather access to the home from the garage. $$$$$$ - Currently, the Main home is a fully furnished and functioning AirBnb generating $4,000-$6,000/ month. The guest house is designed to cater to short term rentals with a projected $2,400- $3,600/month income. This is an incredible property for any investor or homeowner who wants their mortgage paid for, it will not last long! If a buyer puts $50K down and finaces $600K. You are looking at a payment of $2,837 (as of May 8th rates). If you decide to live in the front house and rent the back for $120/night (current going rate for Airbnb) you could pay your entire mortgage in 24 nights. Or if you decide to live in the back house and continue renting the Main home at $200/night (this is hat we charge, we would transfer our customers to you) you could pay for the mortgage in 8 nights. We are currently booked for every single night in June and 87% occupancy for July. This property is zoned R2 and can legally be operating compliantly as a dual AirBnb if you wish to rent out both properties. Potential income is $9,600/month!! at full occupancy. We are a husband-wife team that invested our entire saving into renovating the amazing property and wish to get our money back and do it again with another one. We have loved this process and thoroughly enjoyed being Airbnb owners, and hope to do this with our next property! Act right now, because this incredibly unique property will go extremely fast! Good luck

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Linoleum / Vinyl
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,850 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: Park, City, Mountain
    Lot
    • Size: 0.38 Acres
    Details
    • Parcel number: 6417115025

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1908

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $293/sqft
    • Tax assessed value: $445,114
    • Annual tax amount: $1,298

    Price history

    DateEventPrice
    3/16/2021Listing removed--
    Source: Owner Report a problem
    5/17/2019Listing removed$650,000$228/sqft
    Source: Owner Report a problem
    5/9/2019Listed for sale$650,000+106.3%$228/sqft
    Source: Owner Report a problem
    8/25/2017Sold$315,000-10%$111/sqft
    Source: Public Record Report a problem
    7/31/2017Pending sale$350,000$123/sqft
    Source: ERA Shields Real Estate #1554018 Report a problem
    7/6/2017Listed for sale$350,000$123/sqft
    Source: ERA Shields Real Estate #1554018 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,298 +8.6%$29,820
    2023$1,195 -7.8%$29,820 +39.6%
    2022$1,296 $21,360 -2.8%
    2021-- $21,970 +10.4%
    2020$1,351 +0.5%$19,900
    2019$1,343 -6.7%$19,900 -4%
    2018$1,440 -5.3%$20,720
    2017$1,520 +5.6%$20,720 +7.1%
    2016$1,440 +28.4%$19,350
    2015$1,122 +62.4%$19,350 +5%
    2014$691 $18,430
    2013-- --
    2011$1,109 $18,800
    2010-- $18,800
    2009-- $18,800 -7.4%
    2008-- $20,310 +30.9%
    2004-- $15,510
    2003$666 -35.9%$15,510 -18.2%
    2002$1,039 $18,950
    Find assessor info on the county website

    Neighborhood: Central Colorado Springs

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $835,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $835,000