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Brandon Lecocq

brandon@theridgeline.group +1(719) 413-6610

Listed by Brian Sink The Platinum Group

$ 699,900

Est. payment | -/mo

0.25 Acres Lot

Save

$ 699,900

Est. payment | -/mo

Save

0.25 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9488524

Construction Status Existing

Year Built 1973

Annual Tax Amount $2,323

Tax Year 2024

Lot Size 0.252 Acres

Acres 0.2525

Property Sub-Type Duplex

Source Pikes Peak REALTOR® Services

Property Description

Basically two houses on one lot, in D20. Offering a lot more than most duplexes, each side is big -- nearly 2,300 square feet, with two living rooms (one with brick fireplace), three bedrooms, two baths, a large private yard and a garage parking space. Essentially, it's two homes for $350,000 each, but in a centrally located and mature neighborhood where you can walk to the grocery store or find a hiking trail but get on I-25 in just a couple minutes. For investors, both units are vacant and refreshed after being occupied for 7 and 10 years. A new owner has the opportunity to establish rents at current market value with tenants they vetted themselves. For owner-occupants, it's a chance to live in one side while the other helps pay the mortgage and builds equity for a long-term investment in the D20 school district. Rooms are all generously sized, with a very large en suite bedroom in the basement. Washer and dryer hook-ups are provided. Both units have fresh paint and carpet and updated lighting and hardware and are ready for immediate occupancy. Property has a very well-established rental history, and rents on listing are estimates based on size, location and current market: Buyers should be satisfied with their own estimates before making an offer. Gas and electric are separately metered, but water is not and would have to be built into rents. Central location offers easy access to Academy Bouevard, Woodmen Road and I-25, in a quiet neighborhood near tons of amenities, including shopping, groceries and restaurants. Very rare opportunity for a large, move-in ready duplex in a desirable location.

Location

State CO

County El Paso

Rooms

Basement Full Basement

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s)

Fireplaces Type Basement, One, Wood Burning

Furnishings Existing

Window Features Steel

Appliance Dishwasher, Disposal, Range, Refrigerator

Laundry Electric Hook-up

Exterior

Carport Spaces 2

Fence Rear

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Accessibility Stairs to back entrance, Stairs to front entrance

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Academy-20

Others

Tax ID 6308409002

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Schools and Properties Nearby

At EPIQUE Realty, we are dedicated to providing top-tier service, expert market knowledge, and a seamless buying or selling experience. Whether you're searching for your dream home or looking to sell for the best value, our team is committed to guiding you every step of the way. Fill out the form here to get started with Brandon and EPIQUE Realty today!

+1(719) 413-6610

brandon@theridgeline.group

1400 16th St, Denver, CO, 80202-1470, USA

6735 Hampton Drive Colorado Springs, CO 80918