225 Custer Avenue

Colorado Springs, CO
$ 500,000 Beds 0 Baths 0 Sq 1,532
Monthly Estimate* How much can I afford?

Please see docs section for additional description. *** Located in the fast growing and much in demand 80903 zip code, this exciting duplex is located one mile east of downtown, with easy bike or walking access to the adorable Tejon street shops. Located between two parks (Boulder and Memorial), and within half a mile from Memorial Hospital and the Olympic Training Center and 1.5 miles from Colorado College, this unit has enormous (and proven) rent potential. Because of the zoning (and granted variance), this property can be utilized as owner occupied with either a long-term or Airbnb renter in the back (proven $2400/month rents, see documentation) or be utilized as two dual rental units for 30+ days or more (proven $3600/month, see documentation). Additionally, this property has a large 3 car garage which could be utilized as a third storage space rental. The main unit (225) is a 2/1 and was fully removed in 2017/2018 (fully permitted, see docs). Renovations included: adding AC, new roof, windows, stucco, lights tiles, fence and landscaping, refurbishing of original floors, doors, windows. New stainless steel appliances and granite countertops. The back unit (227) is located above the garage and is a 2/2. It was built brand new in 2017/2018. This unit has tile floor throughout, new appliances, new high efficiency furnace and water heater, new AC, washer/dryer, deck space and small yard. Other things to note: Both units have washer/dryers, AC, private outdoor space, in unit. Listing agent is part owner of this unit. AVAILABLE TO SHOW: SUNDAY, 10AM-2PM

Contingent

  • Price
  • $ 500,000
  • Lot Size
  • 6820 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,532
  • Full Bathrooms
  • 0
  • Year Built
  • 2017
  • Half Bathrooms
  • 0
  • City, Zip
  • Colorado Springs
  • Taxes
  • 2061
  • County
  • EL PASO
  • Style
  • Area
  • MLS#
  • 8102781
  • Zip
  • 80903
Listing Provided by: Brokers Guild Homes

Features

General

Appliances Dryer, Microwave, Oven, Range, Refrigerator, RangeHood, SelfCleaningOven, Washer
Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Cooling CentralAir
Elementary School Columbia
Garage Spaces 3.0
Garage Y/N Yes
Heating ForcedAir
High School Palmer
High School District Colorado Springs 11
Levels One
Middle/Junior High School North
Ownership Corporation/Trust
Patio/Porch Features Covered, FrontPorch, Patio
Property SubType Duplex
Property Type ResidentialIncome
Roof Composition
Special Listing Conditions None
Structure Type Duplex
Terms Cash, Conventional, FHA, VALoan
Zoning R-2

Interior Features

Above Grade Finished Area 1532.0
Above Grade Finished Area Source PublicRecords
Air Conditioning Y/N Yes
Basement (Y/N) No
Below Grade Finished Area Source PublicRecords
Fireplace Y/N Yes
Heating Y/N Yes
Living Area 1532.0
Total Fireplaces 1

Exterior Features

Building Area Total 1532.0
Covered Spaces 0.0
Lot Size Acres 6820.0
Lot Size Area 6820.0
Lot Size Square Feet 6820.0
Lot Size Units Acres
Total Parking 3.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Greenwood Village, CO office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Columbia Elementary School
Middle School North Middle School
High School Palmer High School

Price History

8/20/2020 Listed $500,000

Property vs Zip Code Average in 80903

Price
AVG $420K
$500K
Taxes
AVG $1,436
$2,061
Visits
AVG 43
47
Year Built
AVG 1941
2017
Walkscore
AVG 49
67
Data Provided by Walkscore ® not using MLS data

Map

225 Custer Avenue Colorado Springs, CO is a Single Family Home for sale at $500000 with 1532 sqft and a lot size of 6820 Acres Acre(s). 225 Custer Avenue Colorado Springs has 0 bedrooms, 0 baths and was built in 2017. The property's zip code is 80903 which is in Colorado Springs, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.