120 W Ramona Ave
Colorado Springs, CO 80905
- 9 beds
- 7 baths
- 5,739 sqft
- 12,110 sqft lot
- $209 per sqft
- 1941 build
- – on site
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!
Last checked:
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Checking…
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Last updated Apr 1, 2025
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MLS# 6597045 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1941
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New Construction:false
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Construction Materials:Wood/Frame
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Structure Type:Duplex
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Building Area Total:6023
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Total SqFt:6023
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Roof:Composition
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Levels:Two
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Stories:2
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# of Units Total:2
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Basement:Full
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Above Grade Finished Area:3807
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Below Grade Finished Area:2216
Room Dimensions
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Living Area:5739
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-104.829964, 38.809769
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Latitude:38.809769
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Longitude:-104.829964
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Size Acres:0.28
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Lot Size SqFt:12110
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Lot Size Area:12110
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Lot Size Units:Square Feet
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Zoning:R2
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Exclusions:Seller personal property
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Horse:false
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Water Source:City Water
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2784
Beds
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Bedrooms Total:9
Baths
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Total Baths:7
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Gas:Separate Meter Gas
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Electric:Separate Meter Electricity
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Sewer:City Sewer
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Broadmoor
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Middle Or Junior School:Cheyenne Mountain
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High School:Cheyenne Mountain
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High School District:Cheyenne Mountain 12
The Community
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Subdivision Name:Ivywild
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Association:false
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Spa:false
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Senior Community:false
Parking
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Garage:true
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Attached Garage:true
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Garage Type:Attached
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Garage Spaces:2
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Covered Spaces:2
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Other Parking:Parking Per Unit(1 Space/Unit)
Extra Units
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Bedrooms Unit 1:5
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Total Baths Unit 1:3
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Bedrooms Unit 2:4
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Total Baths Unit 2:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/26/25
Mar 26, 2025
|
Listed / Active | IRES | $1,200,000 |
