311 Farragut Avenue
Colorado Springs, CO 80909

  • – beds
  • – baths
  • – sqft
  • 8,250 sqft lot
  • 1952 build
  • on site

Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you're seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors. The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it! Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation. Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don't miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!

Pikes Peak MLS logo Listing courtesy of PPMLS / Equity Colorado Real Estate

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# 2332705 —

This property is listed in more than one place. See it here.

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Walk Score®

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Bike Score®

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Transit Score®

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Sale history

Date Event Source Price % Change
4/23/24
Price Changed PPMLS $750,000 -6.1%
4/19/24
Listed / Active PPMLS $799,000
7/17/19
Listed / Active PPMLS

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$750,000

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This multifamily located in Southeast Colorado Springs, Colorado Springs, CO 80909 is currently for sale for $750,000. 311 Farragut Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 14 days. 311 Farragut Avenue is in the Southeast Colorado Springs neighborhood of Colorado Springs and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Columbia Elementary School, North Middle School, and Palmer High School.

Listing Courtesy of PPMLS, Charlie Peace, and Equity Colorado Real Estate

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