$231,000
$199,000
16.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,203 SqFt
SOLD DATE : 05/12/2025
Key Details
Sold Price $231,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,203 sqft
Subdivision Roswell City
MLS Listing ID 9352580
Sold Date 05/12/25
Style Cottage/Bung,Ranch
Bedrooms 2
HOA Y/N false
Abv Grd Liv Area 1,203
Year Built 1939
Annual Tax Amount $1,084
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Income Property
Source REcolorado
Property Description
Prime West Side Duplex Opportunity - Downtown Colorado Springs Investment Property
Investor Special in Prime West Side Location!
First time on the market in over 40 years! This west side duplex is brimming with potential but will require a serious renovation to shine again. Each side features 1 bedroom, 1 bathroom, and a private yard, with a detached 2-car garage-one side functional and the other used as storage or a workshop.
Situated on a large lot with easy access to I-25, downtown Colorado Springs, and west side shops and dining, the location can't be beat. Most windows have been replaced with dual-pane vinyl, and there's a new water heater in the vacant unit. This is not a project for the faint of heart or novice DIYer. It needs significant work to bring it back to life.
Whether you're looking for a fix-and-flip, a buy-and-hold investment, or a lot to scrape and rebuild in a desirable west side neighborhood, this property is priced accordingly and sold strictly AS-IS. Current tenants may like to stay or lease states they will vacate within 60 days of closing. Bring your vision, your contractor, and your grit-opportunities like this are rare!
Location
State CO
County El Paso
Area Out Of Area
Zoning R2
Direction From I-25, take Exit 144 for Uintah St. Turn left onto Uintah. Go 0.3 mi, then left on N Chestnut St. Continue 0.2 mi and turn right on W Madison St. Home is on the left.
Rooms
Other Rooms Outbuildings
Interior
Heating Wood Stove, Ductless
Appliance Refrigerator, Washer
Exterior
Garage Spaces 2.0
Fence Partial, Fenced
Utilities Available Electricity Available
View City
Roof Type Metal
Street Surface Dirt
Porch Patio, Deck
Building
Faces East
Story 1
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Steele
Middle Schools North
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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