506 W Cheyenne Road, Colorado Springs, CO 80906

  • $1,200,000
506 W Cheyenne Road, Colorado Springs, CO 80906
For Sale
506 W Cheyenne Road, Colorado Springs, CO 80906
  • $1,200,000

Overview

Property ID: AMR31851483
  • Commercial Sale
  • Property Type
  • 2379
  • Sqft
  • 1954
  • Year Built

Description

Thank you for your interest in this unique property in a desirable part of Colorado Springs near the Broadmoor resort. It is not uncommon to find a home with a cottage(ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car attached garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage all rented separately). Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.

  • Address 506 W Cheyenne Road
  • City Colorado Springs
  • State/county CO
  • Zip/Postal Code 80906
  • Country United States

Details

Updated on May 7, 2024 at 1:25 am
  • Property ID: AMR31851483
  • Price: $1,200,000
  • Property Size: 2379 Sqft
  • Land Area: 0.5 lot_area_unit
  • Year Built: 1954
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: REC6514427
  • Office Name: RAWHIDE COMPANY REALTORS THE
  • Agent Name: Douglas Barber
  • MLS Status: Active

Additional details

  • List Office MLSID: RECPI010
  • List Agent MLSID: REC184371
  • List Date: 2024-05-05T18:55:51.000Z
  • Roof: Composition,Membrane
  • Sewer: Public Sewer

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