2925 N Tejon Street
Colorado Springs, CO 80907
- – beds
- – baths
- – sqft
- 9,500 sqft lot
- 1914 build
- – on site
This property offers both an investment opportunity and the potential for personal living! Prepare to be impressed by the incredible income this property generates. Situated in a prime and up-and-coming location in COS, with the Nevada overlay with the city, this property holds significant value. Built in 1916 and restored, this gem is an original home in Colorado Springs.The front of the property features a charming residential home with 2 bedrooms, an office space, and a fully updated bathroom.Unfinished basement area.This overlay allows for multiple types of builds and expansions. Furnished as a mid-term rental, the furniture and decor can be negotiated if you wish to continue renting it furnished for mid-term stays.Fencing offers privacy and security. The house features a spacious driveway and a garage, which, with some work, can potentially be converted into an accessory dwelling unit (ADU). This presents an exciting opportunity for additional living space. Furthermore, with the Nevada overlay, the garage could be torn down to make way for a two-story unit, providing even more possibilities for development.The hidden treasure lies in the nearly 2000 sq ft shop located at the back of the lot, accessible through the alley. Currently rented, the shop presents an immediate income opportunity. It has been updated, with repairs made to the roof and new siding. The shop features heating, and a finished bathroom with a water heater, ensuring comfort and convenience. The additional parking space adds to the property's practicality. This property presents an opportunity for investors and those seeking a unique place to call home. With its prime location, restoration, potential for additional units, and income-generating capabilities, it is an opportunity not to be missed. Seize the moment and explore the possibilities this property has to offer!
Last checked:
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Last updated Dec 2, 2024
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MLS# 9087464 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1914
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Roof:Composite Shingle
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Structure:Framed on Lot
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Foundation Details:Partial Basement
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Unit Count:2
Interior
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Laundry Facilities:Electric Hook-up
Location
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Latitude:38.874025
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Longitude:-104.820896
The Property
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Property Type:Income
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Property Subtype:Mix Use
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Construction Status:Existing
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Lot Size:9500
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Lot Size Area:9500.00
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Lot Size Units:SqFt
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Acres Total:0.2181
Listing Agent
- Contact info:
- Agent phone:
- (719) 290-7828
- Office phone:
- (719) 290-7828
Taxes
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Tax Year:2022
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Tax Amount:$1,271.36
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Cable Available, Electricity Connected
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Water:Municipal
Appliances
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Appliances:Dishwasher, Oven, Range, Refrigerator
Schools
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School District:Colorado Springs 11
Parking
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Parking Spaces Number Of:14
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 |
|---|---|---|---|---|
|
12/2/24
Dec 2, 2024
|
Price Changed | PPMLS | $599,000 | -2.6% |
|
11/27/24
Nov 27, 2024
|
Price Changed | PPMLS | $615,000 | -1.6% |
|
11/20/24
Nov 20, 2024
|
Price Changed | PPMLS | $625,000 | -0.6% |
