505 Iowa Avenue, Colorado Springs, CO 80909

$389,998
  • 505 Iowa Avenue, Colorado Springs, CO 80909 Main Photo

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Active
BEDS0 BATHS0.0 MLS#5191608
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJ R Marks

Property Description

Updated main level living duplex close to downtown CO Springs! Tucked into a charming, established neighborhood with great rental history! Both units have been updated with vinyl windows, tile flooring, and full kitchen/bath upgrades! 505 is a 2 bed/1 bath property, 503 is a 1 bed/1 bath unit. 505 leased through 3/31/2026. 503 Iowa leased through 10/1/2026. Tenants pay seperate electric/gas, water/sewer on house meter. Furnace replacement 2015, upgraded electrical 2013! Perfect for both new and seasoned investors with opportunity to live on one side and rent out the other!Property is mixed use medium scale zoning, allowing for additional possibilities for the space!

505 Iowa Avenue | MLS# 5191608

This multi-family property located at 505 Iowa Avenue, Colorado Springs, CO 80909 is currently listed for sale with an asking price of $389,998. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Fireplaces: None
Home Style: Duplex
Lot Size: 0.17 Acres
Roof Type: Composite Shingle
Taxes: $1,171
Year Built: 1956

Feature Descriptions

Appliances: Microwave Oven, Oven, Refrigerator
Basement/Foundation: Crawl Space
Days on Site: 104
Existing Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Telephone
Exterior: Masonite Type
Laundry Facilities: None
Parking Spaces: 3
Units: 2
Water: Municipal

Listed By / Shown By

Listed By

Agency Name: Byrne Real Estate and Property Management PLLC
Agency Phone: (719) 260-9970

Shown By

Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067

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Estimated Payment

$ 2,132.36 per month $1,921.03 Principal & Interest $97.58 Property Tax $113.75 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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