Active
506 W Cheyenne Road
Colorado Springs CO, 80906
$950,000
Active
Multi-family
Built in 1954
Thank you for your interest in this unique property in a desirable part of Colorado Springs. It is not uncommon to find a home with a cottage (ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage. Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.
6889547
MLSⓇ ID
May 4, 2024
Listed
November 22, 2024
Updated
Map
506 W Cheyenne Road
Colorado Springs CO, 80906
Interior Features
Fireplace
Yes
Fireplace Description
Wood Burning
Cooling
No
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.5 Acres
School Information
School District
Cheyenne Mtn-12
Other Property Details
Taxes
$3,524
Tax Frequency
Annually
Garage
No
View
No
County
El Paso
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/31/2024 | Price change | $950,000 -21% |
Listed by Douglas Barber C2EX CRB EPRO GRI REDS, The Rawhide Company
Listing Contact: 7195983198
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Data Last Updated: 11/22/2024
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