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Now here is an opportunity! This 4-bedroom, 2-bathroom home with many recent updates offers an exceptional opportunity for homeowners and investors alike. Perfectly located and zoned C6, this property is uniquely set up to function as a duplex-style residence, featuring separate entrances"”ideal for multi-generational living or potential rental income. Investors...finally, a property in Colorado where the cashflow and returns can actually work. With zoning that allows for the addition of a third unit, this home delivers excellent return potential for the savvy investor looking to maximize property value and cash flow. This property already has a proven cashflow record as a duplex. Recent upgrades enhance the home's appeal and efficiency, including: 2 full kitchens - lower unit kitchen recently remodeled. Fresh interior and exterior paint. New gutters. Boiler system and a ductless zone cooling system installed within the last 3 years. Newly updated bathrooms with subway tile and LVP flooring. This 8000 sq ft lot has newer landscaping including a sprinkler and drip system. Plenty of storage and space with an oversized attached 2 car garage and storage shed. The backyard also has alley access. The layout and improvements support both comfortable living and long-term growth possibilities. Whether you're looking to live in one unit and rent the other, or develop a third, this property is your flexible canvas for personal or investment success. On top of all this, downtown Colorado Springs is only 5 minutes away! Don't miss this rare opportunity to own a turnkey property with built-in income potential and future development options.
| DAYS ON MARKET | 32 | LAST UPDATED | 12/22/2025 |
|---|---|---|---|
| YEAR BUILT | 1942 | COMMUNITY | Knob Hill |
| COUNTY | El Paso | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | Colorado Springs 11 |
|---|
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Knob Hill |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Stucco, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Fireplace Insert, Heat Pump, Hot Water, Natural Gas |
| LOT | 8002 sq ft |
| TAXES | 1221.36 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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