This versatile property offers two income-producing residences on a single R-2 zoned lot, just blocks from downtown Colorado Springs. A charming 2-bedroom Craftsman-style main home pairs perfectly with a fully detached, renovated studio cottage—ideal for short- or mid-term rental or flexible owner occupancy. The main residence blends classic character with smart upgrades: original hardwood floors, 9-foot ceilings, crown molding, and a gas fireplace anchor a bright and welcoming living space. The updated kitchen features granite countertops, stainless appliances, and a tile backsplash—all connected by a center island perfect for everyday function. Tucked privately at the rear of the lot, the cottage was fully upgraded in 2024 with premium appliances, new bath fixtures, in-unit laundry hookups, and modern finishes throughout. With its own entrance and separate metering, it’s a self-contained unit ready for immediate use or income. Major system improvements between 2022 and 2024 offer long-term peace of mind, including a new high-efficiency HVAC system, full electrical safety upgrade, sewer line replacement/servicing, radon mitigation, and a 5-year roof certification (valid through 2029). Outdoor living includes a fully fenced backyard with a grill-ready patio, a private front porch, and dedicated off-street parking for three vehicles—plus additional street parking. Originally purchased for long-term owner occupancy, the home was upgraded with care. Now, with plans changed, a new owner can take advantage of its flexibility, location, and turn-key condition.
Listed By
Agency Name: Lewis Embers Real Estate
Agency Phone: 719-685-6773
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimated Payment
$ 3,490.06 per month $3,177.10 Principal & Interest $124.83 Property Tax $188.13 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
1207 Custer Avenue | MLS# 5075413
This multi-family property located at 1207 Custer Avenue, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $645,000. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.