Property Description

INVESTORS - Two Residential units for the price of one...Fantastic opportunity to buy as either an Owner occupant with 2nd unit rented OR as an Investor with two turnkey units already rented. Current tenants on a month to month lease, so the choice is yours if you want to buy-n-hold both units or do a fix-n-flip or live in one and rent out the other. The units could use some TLC and renovation but it's priced well for two units already cash flowing in a great spot just west of Downtown. There is parking in the front driveway for the primary unit at 516 and there is a separate alley access for the secondary unit at 518. The units have separate utilities. Current rents are $800 for 516 and $660 for 518 but could be raised by new landlord by $200 to $400 per month for each unit fairly confidently, do your own diligence. Come see it today!

Media/Video/Virtual Tour
: Forced Air, Natural Gas
: Ceiling Fan(s)
: Electricity, Telephone, Natural Gas, Cable
: Municipal
Address Details
516 & 518
W105° 9' 55.8''
N38° 50' 21.8''
MLS Addon
Interior Features
: Electric Hook-up
: Dryer, Microwave Oven, Refrigerator, Washer, Range Oven
Exterior Features
: Composite Shingle
: Partial Basement
: Wood
Wood Frame
Lot Info
School Info
: Colorado Springs 11
Listing Office
Wish Property Group, Inc.

Income For Sale

516 & 518 Boulder Street Colorado Springs Colorado 80905

0.10 Acre
MLS ID #7643724
Listing Summary
Status : Active
Property Type : Income
MLS ID : 7643724
Price : $445,000
Lot Area : 0.10 Acre
Year Built : 1900
MLS Area Minor : Sherman
Contact Agent
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Pikes Peak Multiple Listing Service The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR Services Corp. 

Data last updated: 09/25/2022 12:17
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