311 Farragut Avenue
Colorado Springs, CO 80909
- 6 beds
- 3 baths
- 1,536 sqft
- 8,250 sqft lot
- $475 per sqft
- 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!
Listing courtesy of PPMLS / Equity Colorado Real Estate
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Last updated May 7, 2024
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MLS# 3263953 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$730,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,908
|
Taxes | $105 |
Insurance | $200 |
Utilities | $178 See report |
Total | $4,391/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/7/24
May 7, 2024
|
Price Changed | PPMLS | $730,000 | -2.7% |
4/26/24
Apr 26, 2024
|
Listed / Active | PPMLS | $750,000 | |
7/17/19
Jul 17, 2019
|
Listed / Active | PPMLS |