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506 W Cheyenne Road
Colorado SpringsCO 80906

$1,200,000
for sale
Tools
Brochure
Size
0.5 Acres
Exterior
Financial
$1,200,000
Change Currency
$3,524
Annual taxes
Listing Details
Multi Family
Property type
1954
Year Built
11390121
Web Id
6889547
MLS ID
68
Days Posted

Description

506 W Cheyenne Road,

Colorado Springs, CO 80906

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 home with a 4-plex and a second 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 yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage. 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.

This is an Active listing.

Broker Office Phone Number: 719-598-3198

Copyright © 2024Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Fenced
  • Fireplace(s)
  • 1 Fireplace

Price History

datepricevariancetype
5/4/2024$1,200,000-Listed
Listing By: The Rawhide Company via Data Source: Pikes Peak Association of REALTORS 
listing agent: Douglas Barber C2EX CRB EPRO GRI REDS


Located at 506 W Cheyenne Road, Colorado Springs, Colorado 80906, this Multi Family is for Sale with a price of $1,200,000 USD. The property was built in 1954,. This listing encompasses a lot of .5 Acres. See all Homes for Sale in Colorado Springs.
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