506 W Cheyenne Road
Colorado Springs, CO 80906
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1954 build
- – on site
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.
Last checked:
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Last updated Oct 28, 2024
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MLS# 6889547 —
The Building
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Year Built:1954
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Roof:Other
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Siding:Masonite Type, Stucco, Wood
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Structure:Frame
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Foundation Details:Full Basement
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Unit Count:5
Interior
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Fireplace Description:One, Wood Burning
Location
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Latitude:38.804088
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Longitude:-104.835859
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:21748
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Lot Size Area:21748.00
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Lot Size Units:SqFt
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Acres Total:0.4993
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Fence:See Prop Desc Remarks
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Alley:Gravel
Listing Agent
- Contact info:
- Agent phone:
- (719) 338-3053
- Office phone:
- (719) 598-3198
Taxes
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Tax Year:2023
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Tax Amount:$3,524.13
Beds
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Total Bedrooms:8
Baths
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Total Baths:6
The Listing
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:None, See Prop Desc Remarks
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Telephone
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Water:Municipal
Appliances
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Appliances:Range, Refrigerator
Schools
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School District:Cheyenne Mtn-12
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/31/24
Aug 31, 2024
|
Price Changed | PPMLS | ||
|
8/19/24
Aug 19, 2024
|
Listed / Active | PPMLS | ||
|
5/4/24
May 4, 2024
|
Listed / Active | PPMLS | $1,200,000 |
