SoldSep 30, 2020

Listed by James Carlson

Source: REcolorado #REC8102781

225 Custer Ave, Colorado Springs, CO, 80903

$528,000

3
1532 sq. ft.
6820 sq. ft.

Duplex

2 days on the market

Sold: Sep 30, 2020

What's around 225 Custer Ave

About this property

Please see docs section for additional description. *** Located in the fast growing and much in demand 80903 zip code, this exciting duplex is located one mile east of downtown, with easy bike or walking access to the adorable Tejon street shops. Located between two parks (Boulder and Memorial), and within half a mile from Memorial Hospital and the Olympic Training Center and 1.5 miles from Colorado College, this unit has enormous (and proven) rent potential. Because of the zoning (and granted variance), this property can be utilized as owner occupied with either a long-term or Airbnb renter in the back (proven $2400/month rents, see documentation) or be utilized as two dual rental units for 30+ days or more (proven $3600/month, see documentation). Additionally, this property has a large 3 car garage which could be utilized as a third storage space rental. The main unit (225) is a 2/1 and was fully removed in 2017/2018 (fully permitted, see docs). Renovations included: adding AC, new roof, windows, stucco, lights tiles, fence and landscaping, refurbishing of original floors, doors, windows. New stainless steel appliances and granite countertops. The back unit (227) is located above the garage and is a 2/2. It was built brand new in 2017/2018. This unit has tile floor throughout, new appliances, new high efficiency furnace and water heater, new AC, washer/dryer, deck space and small yard. Other things to note: Both units have washer/dryers, AC, private outdoor space, in unit. Listing agent is part owner of this unit. AVAILABLE TO SHOW: SUNDAY, 10AM-2PM

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