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1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
1229 N El Paso Street
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$445,000

1229 N El Paso Street

Description

INVESTOR SPECIAL - SOLD AS IS! Great investment opportunity close to Patty Jewett. Three income units / buildings on one lot. Single Family House, plus Detached Garage Apartment with One Car Garage, plus Detached Cottage. 1) Single Family Home - 4Bed/2Bath (2 Beds are non-conforming) Home features real hardwood floors, eat-in kitchen, and tons of natural light. Possibility of creating duplex in main home. Owner started remodel, but decided to sell AS IS! Home furnace may need repair, but electrical baseboard heat works well. 2) Next door, the detached 1Bed/1Bath Garage Apartment features private entrance, built in bookcase, NEW furnace in 2020, and separate bath and kitchen. Connecting door to One Car Garage provides ample storage for car, tools, and a workshop. Attic in Garage holds hidden treasures - live out your "American Pickers" dream. But WAIT - there's MORE! 3) Detached 1Bed/1Bath, 500 sqft cottage is separately metered! Features newer carpet, paint, and electrical panel all in 2019. Lots of light, and immediate rental income. One block from Shooks Run, and near the coveted Patty Jewett Golf Course. Neighborhood boasts wide streets, mature trees, and friendly neighbors. Owner rented Cottage, Garage Apartment, and addition in home for 15+ years. Zoned R-2, but 3-4 income streams possible. With today's market, you're looking at a high return on investment!

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Location

1229 N El Paso Street, Colorado Springs, CO 80903

Status

Sold

Property Amenities

Interior
Laundry room Electric Hook-up
Area & Lot
Lot Area 6,250 Sq.Ft.
MLS® ID 8114940
School District Colorado Springs 11
Architecture Styles Wood Frame
Type Commercial
Status Sold
Exterior
Air conditioning Ceiling Fan(s)
Heat type Baseboard, Electric, Natural Gas
Water Source Municipal
Roof Composite Shingle
Utilities Electricity, Natural Gas
Finance
Sales Price $445,000
Real Estate Tax $1,685 yearly

Work With Us

Gary and his team focus on his commitment to providing their clients with first class, 5 star service, before, during and after the transaction.