Bought with Valerie Bays GREEN Bays Real Estate Corp
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1112 E Rio Grande Street Colorado Springs, CO 80910
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Key Details
Sold Price $365,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $202
MLS Listing ID 9015440
Sold Date 03/22/24
Bedrooms 4
Full Baths 2
Construction Status Existing Home
HOA Y/N Yes
Year Built 1955
Annual Tax Amount $885
Tax Year 2022
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Single Family
Source Pikes Peak REALTOR® Services
Land Area 1800
Property Description
This meticulously updated four-bedroom, two-bathroom home offers an ideal primary residence and an enticing rental investment. Modern finishes and a prime location near Prospect Lake and downtown Colorado Springs ensure broad tenant appeal. The property's R2 zoning adds exceptional value, allowing for the potential development of a second residence on the same lot. This unique feature provides flexibility for expanded rental income or versatile living arrangements. Professionally landscaped front and backyard spaces enhance the property's charm, offering a low-maintenance outdoor retreat. The spacious patio is perfect for entertainment, elevating the home's overall attractiveness. To further entice investors, the seller is also interested in selling all furniture, streamlining the rental process and providing tenants with a fully furnished residence. The property's proximity to Prospect Lake, outdoor activities, parks, and trails all near downtown Colorado Springs amplifies its rental potential, appealing to those seeking a vibrant lifestyle. With easy access to major highways and nearby amenities, tenants enjoy seamless commuting and daily convenience. Whether you're searching for your dream home or a strategic investment, this residence, with its R2 zoning, strikes a balance of style, convenience, and rental potential. Schedule your showing today to explore the lucrative possibilities this property holds for your real estate portfolio!
Location
State CO
County El Paso
Rooms
Basement Partial Basement
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Tile, Wood
Fireplaces Type None
Furnishings Existing Home
Appliance Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Washer
Laundry Basement
Exterior
Parking Features None
Fence Rear
Utilities Available Electricity Connected, Natural Gas Available
Roof Type Composite Shingle
Porch Concrete
Building
Lot Description See Prop Desc Remarks
Sewer Sewer
Water Municipal
Construction Status Existing Home
Schools
Elementary Schools Hunt
School District Colorado Springs 11
Others
Tax ID 6420101016
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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