120 W Ramona Avenue
Colorado Springs, CO 80905
6023 sqft | 9 beds | 0.28 acres | #6597045
Description
Don't miss your chance to own a coveted investment opportunity in the Ivywild neighborhood of Colorado Springs! Currently used as a short term rental, this 9-bedroom, 7-bathroom duplex offers multiple rental strategies including midterm, long-term, or short-term rental / house hack options. Seller was renting to midterm guests at $3500/mo per unit. Unit A is 5bds, 3 baths, 3,039sqft, and was fully renovated in 2021. Unit B is 4bds, 3.5 baths, 2,984sqft and newly built in 2021. Both units have open concept kitchens and vaulted ceilings. The property includes two garages and eight parking spaces, providing ample room for tenants or guests. Conveniently located just 8 minutes to downtown Colorado Springs, 7 minutes to The Broadmoor, and 12 minutes to Garden of the Gods. This is a rare opportunity to secure a turn-key, high-income investment property in a prime location!
Property Details
- BasementFinished, Full, Interior Entry
- School DistrictCheyenne Mountain 12
- Middle SchoolCheyenne Mountain
- High SchoolCheyenne Mountain
- Property ConditionUpdated/Remodeled
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Original List Price$1,200,000
- Elementary SchoolBroadmoor
- SubdivisionIvywild
- CountyEl Paso
- MLS #6597045
- Cost1200000
- MLS #6597045
- Utility SourcePublic
- Taxes Annual$2,784
- Property SubtypeDuplex
- Structure TypeDuplex
- Acres0.28
- Square Feet6023
- Year Built1941
- Bedrooms9
- Parking Spaces2
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Olivia McClellan (#REC155064204)
Listing Office: Good Neighbor LLC (#RECM8549)
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