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111 W Fountain Boulevard, Colorado Springs, CO, 80903

Image Count: 15

$449,900

  • Highlights
  • Income
  • Multi Family
  • 111 W Fountain Boulevard, Colorado Springs, CO, 80903 listed by Caleb Skelton
  • Active
  • MLS#: 3559371
  • View on Map
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Property Description

Exceptional opportunity with immediate cash flow. This fully leased income property, featuring a 4 bed 2 bath main residence, and a detached 1 bed 1 bath cottage. Both units are occupied by long term tenants, providing stable and established rental income from day one. Extensively remodeled throughout, both residences have been thoughtfully updated with modern finishes refreshed interiors, updated kitchens, remodeled bathrooms, and contemporary flooring. Separate laundry facilities for each unit add convenience and tenant appeal, while the detached cottage offers privacy and additional income potential. The property blends classic character with modern improvements and features a fully fenced yard, mature landscaping, and ample outdoor space. Landlord currently pays water, gas, and electric. Conveniently located near downtown Colorado Springs, shopping, dining, parks, and major commuter routes, this turnkey investment presents a rare opportunity to acquire a renovated, income producing property with strong existing tenancy already in place.

Property Listed By

Picture of REALTOR Listing Property
  • Caleb Skelton
  • 7504-612-917  Call the Agent 
Picture of Office Listing Property
  • Buy Smart Colorado
  • 4648-013-917  Call the Agent 

Property Details

    General Features

  • Property Type: Multi Family
  • Year Built: 1898
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $449,900

    Unit Information

    Beds Baths Parking Rent SqFt
    4 2 $2,535
    1 1 $1,450
  • Total Units: 2

    Structure

  • Construction Status: Existing

    Features

  • Heating: Baseboard, Electric, Natural Gas
  • Laundry: Electric Hook-up
  • Appliances: Oven, Refrigerator

    Taxes, Utilities, Lot

  • Tax: $1,058
  • Lot Size: 0.08 Acres, 3,600 SqFt
  • Appliances: Oven, Refrigerator
  • Laundry: Electric Hook-up
  • Heating: Baseboard, Electric, Natural Gas
  • Existing Water: Municipal
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          111 W Fountain Boulevard, Colorado Springs, CO, 80903

          Image 1 of 15: Front of Structure

          Front of Structure

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          Image 3 of 15: Kitchen

          Kitchen

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          Bathroom

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          Bathroom

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          Out Buildings

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          Image 11 of 15: Kitchen

          Kitchen

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          Bathroom

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          Bathroom

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          Bedroom

          Image 15 of 15: Bonus Room

          Bonus Room

          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.