Fully renovated up-down duplex in a central Colorado Springs location, offering strong income potential and flexibility for owner-occupants or investors. Each unit features 2 bedrooms and 1 bathroom, along with brand-new appliances and private in-unit laundry. The downstairs unit includes a bright enclosed sunroom with its own separate entrance, while both units share a fully fenced yard. Live in one unit and offset your mortgage with rental income from the other, or explore additional revenue through short-term rental opportunities. The upstairs unit is currently vacant, and the downstairs lease ends at the end of June—giving the future owner the flexibility to choose which unit to occupy. Both units have maintained a 0% vacancy rate in recent years, highlighting the property’s consistent rental demand. Additional income potential includes a separately rented garage and space to add an ADU (zoned R-2; buyer to verify with city). This is a rare opportunity to own a turnkey property with multiple income streams in a desirable location. Sewer Line was lined in 2022, which comes with a 50 year warranty that transfers to the new owners. New Furnace and New Split Units in Upstairs Unit. All Foundation issues were addressed and completed in 2022.
Listed By
Agency Name: Carolin Weiss
Agency Phone: 719-726-0535
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimated Payment
$ 3,251.19 per month $2,955.44 Principal & Interest $120.75 Property Tax $175.00 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.
704 Cooper Avenue | MLS# 6627664
This multi-family property located at 704 Cooper Avenue, Colorado Springs, CO 80905 is currently listed for sale with an asking price of $600,000. Search Colorado Springs real estate on www.thecuttingedgerealtors.com today.