tomo logo

$950,000

Beds
4
Baths
2.0
sq ft
2,379

506 W Cheyenne Rd, Colorado Springs, CO 80906

506 W Cheyenne Rd

Colorado Springs, CO 80906

  • 30 days on market
    • Price drop $150,000↓
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 single-family home with a 4-plex and a second detached 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 back yard and large front yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units, a detached two-car garage and a large open space. 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.

Details

Property type

Single Family Residence

Lot size

0.50 acres

Price per sq ft

$400

Year built

1954

Annual property taxes

$3,524.13

Price History

08/31/2024
PikesPeak

PikesPeak #4815857

Price change
$950,000
-13.64%
08/19/2024
PikesPeak

PikesPeak #4815857

Listed
$1,100,000

Schools & Community

Neighborhood: 

Southwest Colorado Springs

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cheyenne Mtn-12

Status: Active

Tomo last checked: 09/19/2024 at 10:55 AM

Listing updated: 08/31/2024 at 8:06 AM

Listed by: Douglas Barber C2EX CRB EPRO GRI REDS, The Rawhide Company Phone #: (719) 598-3198

MLS: PikesPeak #4815857

PikesPeak logo