311 Farragut Avenue, Colorado Springs, CO 80909 (MLS # 3263953)

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PRICE $705,000 dsIDX morgage calculator
BEDS 6
BATHS 3
HOME SIZE 1,536 sqft
LOT SIZE 8,251 sqft

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!

DAYS ON MARKET 75 LAST UPDATED 5/30/2025
YEAR BUILT 1952 COMMUNITY East End Addition
COUNTY El Paso STATUS Sold
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Colorado Springs 11


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
AREA East End Addition
BASEMENT Finished, Full, Yes
CONSTRUCTION Frame, Stucco
HEAT Electric, Forced Air, Heat Pump
LOT 8250 sq ft
STORIES 1
STYLE Ranch
TAXES 1265.76
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by: Equity Colorado Real Estate, 7194285856

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