411 Olive Street, Colorado Springs, CO 80904

$629,000
  • 411 Olive Street, Colorado Springs, CO 80904 Main Photo

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BEDS4 BATHS1 SQUARE FEET1,521 MLS#2193222
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWest Colorado Springs SCHOOLColorado Springs 11

Listing Courtesy of: Keller Williams Premier Realty, LLC
Agency Contact: Noah@thelocalegroup.co,913-300-1762
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Property Description

An exceptional opportunity for investors, house hackers, first-time buyers, or anyone looking for a home that can help offset the cost of ownership! Located in Colorado Springs desirable Westside, this unique property is currently operating as a short-term and mid-term rental and is configured as two separate living spaces. The main level features 2 bedrooms, a full bathroom, comfortable living space, updated kitchen with stone countertops, laundry, and access to the covered deck and backyard. Downstairs, the fully finished walkout basement offers 2 additional bedrooms, a 3/4 bathroom, second kitchen, living room, laundry, and separate exterior access?creating excellent flexibility for guests, extended family, or continued rental use. For buyers looking to get into homeownership, the layout creates a compelling option to live in one portion of the home while renting the other to generate additional income and potentially offset monthly housing expenses. Investors can continue utilizing both spaces as income-producing rentals, offering multiple ways to make the property work for your goals. Just minutes from historic Old Colorado City and Downtown Colorado Springs, enjoy convenient access to restaurants, local shops, breweries, galleries, entertainment, and year-round events. Garden of the Gods, Red Rock Canyon Open Space, Manitou Springs, Colorado College, and abundant outdoor recreation are also within easy reach. Both units are currently being utilized as rentals, with stays commonly extending approximately one month at a time. A professional STR competitive analysis is available for buyers interested in exploring the propertys income potential. The seller is also open to including furnishings depending on the offer. This Westside home offers a rare combination of versatility, location, and existing rental use.

411 Olive Street | MLS# 2193222

This multi-family property located at 411 Olive Street, Colorado Springs, CO 80904 is currently listed for sale with an asking price of $629,000. Olive Street is located within the Colorado Springs 11 school district. Search Colorado Springs real estate on www.olympiccityproperties.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Cooling: Other
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,400
Year Built: 1948

Amenities

Built-in Features
Ceiling Fan(s)
Eat-in Kitchen
Jack & Jill Bathroom
Open Floorplan
Smoke Free
Stone Counters
Walk-In Closet(s)
Fire Pit
Gas Grill
Private Yard
Rain Gutters

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Range, Washer
Baths Total: 1
Days on Site: 5
Exclusions: Sellers Personal Property
Exterior: Concrete, Frame, Stucco
Fencing: Full
Flooring: Laminate, Vinyl
Laundry: In Basement, Laundry Closet, Main Level
Lot: Corner Lot, Level, Near Public Transit
Parcel#: 74122-15-009
Parking: Concrete
Parking Notes: Concrete
Pets Allowed: Cats OK, Dogs OK, Yes
Sewer: Public Sewer
Special View Info: City, Mountain(s)
Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
Water: Public

Local Schools

High School: Coronado
Middle School: West
Elementary School: West
School District: Colorado Springs 11

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Realty, LLC
Agency Contact: Noah@thelocalegroup.co,913-300-1762

Shown By

Agent Name: Kelly Sheffield
Agent Phone: (719) 322-5725
Agency Title: The Cutting Edge, Realtors

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Estimate Your Payment

Estimated Payment

$ 3,398.41 per month $3,098.29 Principal & Interest $116.67 Property Tax $183.46 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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