311 Farragut Avenue, Colorado Springs, CO, 80909

Image Count: 38

$730,000

  • Highlights
  • Income
  • House W/Cottage
  • 311 Farragut Avenue, Colorado Springs, CO, 80909 listed by Charlie Peace
  • Active
  • MLS#: 2332705
  • Tour #1

Property Description

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!

Property Listed By

Picture of REALTOR Listing Property
  • Charlie Peace
  • 7281-205-917  Call the Agent 
Picture of Office Listing Property
  • Equity Colorado Real Estate
  • 6585-824-917  Call the Agent 

Property Details

    General Features

  • Property Type: House W/Cottage
  • Year Built: 1952
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $730,000

    Unit Information

    Beds Baths Parking Rent SqFt
    4 2 $2,250 1,536
    2 1 $3,500 744
  • Total Units: 2
  • Total Rent: $5,750

    Structure

  • Foundation: Full Basement
  • Structure: Framed on Lot
  • Construction Status: Existing
  • Siding: Stucco
  • Window Type: Vinyl

    Features

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Laundry: Electric Hook-up

    Taxes, Utilities, Lot

  • Tax: $1,266
  • Lot Size: 0.19 Acres, 8,250 SqFt
  • Laundry: Electric Hook-up
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected

          Disclaimer
          The real estate listing information and related content displayed on this site is provided exclusively 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the REALTOR® Services Corp
          Listing 2332705, Image 1 of 38

          Image 1 of 38

          Listing 2332705, Image 2 of 38

          Image 2 of 38

          Listing 2332705, Image 3 of 38

          Image 3 of 38

          Listing 2332705, Image 4 of 38

          Image 4 of 38

          Listing 2332705, Image 5 of 38

          Image 5 of 38

          Listing 2332705, Image 6 of 38

          Image 6 of 38

          Listing 2332705, Image 7 of 38

          Image 7 of 38

          Listing 2332705, Image 8 of 38

          Image 8 of 38

          Listing 2332705, Image 9 of 38

          Image 9 of 38

          Listing 2332705, Image 10 of 38

          Image 10 of 38

          Listing 2332705, Image 11 of 38

          Image 11 of 38

          Listing 2332705, Image 12 of 38

          Image 12 of 38

          Listing 2332705, Image 13 of 38

          Image 13 of 38

          Listing 2332705, Image 14 of 38

          Image 14 of 38

          Listing 2332705, Image 15 of 38

          Image 15 of 38

          Listing 2332705, Image 16 of 38

          Image 16 of 38

          Listing 2332705, Image 17 of 38

          Image 17 of 38

          Listing 2332705, Image 18 of 38

          Image 18 of 38

          Listing 2332705, Image 19 of 38

          Image 19 of 38

          Listing 2332705, Image 20 of 38

          Image 20 of 38

          Listing 2332705, Image 21 of 38

          Image 21 of 38

          Listing 2332705, Image 22 of 38

          Image 22 of 38

          Listing 2332705, Image 23 of 38

          Image 23 of 38

          Listing 2332705, Image 24 of 38

          Image 24 of 38

          Listing 2332705, Image 25 of 38

          Image 25 of 38

          Listing 2332705, Image 26 of 38

          Image 26 of 38

          Listing 2332705, Image 27 of 38

          Image 27 of 38

          Listing 2332705, Image 28 of 38

          Image 28 of 38

          Listing 2332705, Image 29 of 38

          Image 29 of 38

          Listing 2332705, Image 30 of 38

          Image 30 of 38

          Listing 2332705, Image 31 of 38

          Image 31 of 38

          Listing 2332705, Image 32 of 38

          Image 32 of 38

          Listing 2332705, Image 33 of 38

          Image 33 of 38

          Listing 2332705, Image 34 of 38

          Image 34 of 38

          Listing 2332705, Image 35 of 38

          Image 35 of 38

          Listing 2332705, Image 36 of 38

          Image 36 of 38

          Listing 2332705, Image 37 of 38

          Image 37 of 38

          Listing 2332705, Image 38 of 38

          Image 38 of 38