Price Reduction - Primary on Main
Address
311 Farragut Avenue, Colorado Springs, CO
Price
$ 730,000
Property Attributes
- MLS#3263953
- TypeSingle Family
- CountyEL PASO
- CityColorado Springs
- AreaColorado Springs 11
- NeighborhoodEast End Addition
- Zip80909
- StyleRanch
- Year Built1952
- Taxes$ 1265
- Price$ 730,000
- Bedrooms6
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1536
- Lot Size8,250 SqFt
Data Source:
Pikes Peak MLS (PPMLS)
Property Description
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!
| Price History | |
|---|---|
| 4/26/2024 | Listed $750,000 |
| 5/7/2024 | 3% - $730,000 |
General Features
| Utilities | Electricity Connected,Natural Gas Connected |
|---|---|
| Roof | Composite Shingle |
| Appliances | 220v in Kitchen,Dishwasher,Disposal,Dryer,Gas in Kitchen,Microwave Oven,Range,Refrigerator,Washer |
| Water | Municipal |
| Assoc Fees | 0.00 |
| School District | Colorado Springs 11 |
| Construction Status | Existing Home |
| Property Type | Residential |
| Yearly Taxes | 1265.76 |
| Tax Year | 2022 |
| Status | Active |
| Sub Type | Single Family |
Interior Features
| Full Baths | 2 |
|---|---|
| Floor Plan | Ranch |
| Three Quarter Bath | 1 |
| Basement Percent Finished | 100 |
| Laundry Facility | Electric Hook-up |
| Total Baths | 3 |
Exterior Features
| Siding | Stucco |
|---|---|
| Garage Type | None |
| Structure | Framed on Lot |
| OUT BUILDINGS | Gazebo,Shop,Storage Shed |
| Lot Size | 8250.0000 |
| Foundation | Full Basement |
| Lot Size Area | 8250.00 |
| Lot Description | See Prop Desc Remarks |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80909
Price
Taxes
Visits
Year Built
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