An Exceptional Income Opportunity Awaits – This fully remodeled modern duplex presents a remarkable chance to invest in a flourishing rental property located in a coveted and tranquil westside neighborhood, mere minutes away from the esteemed Garden of Gods & Old Colorado City. Boasting an impeccable rental history, both units exude a pristine allure, providing a turnkey solution for prospective buyers. Each of the well-appointed units comprises 2 bedrooms & 1 bath, offering a generous living space on both levels. Whether your preference lies in long-term rentals or capitalizing on the mid & short-term rental market, this property is ideally situated amongst the most desirable city amenities. The main level residence boasts an aesthetic design w/cove ceiling, showcasing a charming ambiance that is sure to captivate. Solid hardwood floors flow throughout the great room & bedrms. The great room captures mountain views & adjoins the new luxury kitchen w/quartz counters, breakfast bar, shaker cabinets, uplighting, subway tile backsplash & marble tile floor. Main level bedrooms have easy access to jack & jill full bath. One bedroom has mtn views, the other has large closet & stack-able washer/dryer. The large backyard is fully fenced & divided into two separate private yards each w/ an outdoor kitchen feat. built-in grills/fridge/granite counter, electric outlets & cabinet, adding to the potential. The lower unit boast the same attention to detail with all new materials, LED lighting, French doors illuminate the great room & dining area. The adjoining kitchen has stainless appliances & pantry/storage. Both lower rooms have walk-in closets, egress windows, & easy access to ¾ bath. With a proven track record of consistent rent. Newer roof, newer electric panel, newer furnace, energy efficient windows & more. See it today.
This property is $125K more than the Median Sold Price in Colorado Springs, CO.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #3660074
Listing Office:
Office Name: The Platinum Group
Office Phone: (719) 536-4444
Listing Agent: Edward Behr CRS GRI
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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
2
/10
West Middle School
1920 W Pikes Peak Ave
Distance between this listing and this school0.31 miles
Public District Grades 6-8
High School
5
/10
Coronado High School
1590 W Fillmore St
Distance between this listing and this school1.87 miles
Public District Grades 9-12
Nearby Schools
9
/10
Bristol Elementary School
890 N Walnut St
Distance between this listing and this school0.77 miles
Public District Grades PK-5
4
/10
Mountain Song Community School
2904 W Kiowa St
Distance between this listing and this school1.09 miles
Public Charter Grades PK-6
6
/10
Howbert Elementary School
1023 N 31st St
Distance between this listing and this school1.64 miles
Public District Grades PK-5
Assigned Schools
2
/10
West Middle School
1920 W Pikes Peak Ave
Distance between this listing and this school0.31 miles
Public District Grades 6-8
Nearby Schools
4
/10
Holmes Middle School
2455 Mesa Rd
Distance between this listing and this school1.43 miles
Public District Grades 6-8
7
/10
Academy For Advanced and Creative Learning
2510 N Chestnut St
Distance between this listing and this school1.60 miles
Public Charter Grades KG-8
Assigned Schools
5
/10
Coronado High School
1590 W Fillmore St
Distance between this listing and this school1.87 miles
Public District Grades 9-12
Nearby Schools
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school1.61 miles
Public District Grades 9-12
3
/10
Pikes Peak Preparatory
525 E Costilla St
Distance between this listing and this school2.24 miles
The neighbors living near this home have an average income of $41,597. Typical income of Colorado Springs, CO residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 411 Olive St in Colorado Springs, CO and zip code 80904 in the Old Colorado City neighborhood. This home, which was built in 1948, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $600,000.
While more than 59 listings in Colorado Springs, CO in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 69 were sold below. The number of listings in Colorado Springs, CO increased by 78.8% between March 2024 and April 2024. Listings spent 30 days on the market in April 2024, and had a median list price of $475,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.