1912-1914 Cascade Lane

Colorado Springs, CO 80906 — El Paso County

Income Property  $370,000  Sold  MLS# 2341656

1397.00 sqft    Lot size: 12800.00 sqft    0.29 acres    1954 build   

09-25-2020 02:03pm

  Property Description

This duplex is well located in the desirable Ivywild neighborhood, just a few blocks from the new Creek Walk development area. Located on a large lot at the end of a quiet cul-de-sac, this duplex has a solid rental history providing great investment and development opportunities. The units are virtually identical with one unit currently rented to a stable long time tenant. This allows someone the option to live in one of the units and rent the other or use it strictly as an investment opportunity by renting both sides. The living room in both units features real hardwood flooring that is in excellent condition. Adjacent to the living room is the kitchen/eating area. Both kitchens have been completely renovated in the past few years with new flooring, cabinets, appliances, countertops, and are in great shape. One unit features a dishwasher and the other unit has a washer. Each unit features a completely updated and beautiful bathroom and 2 sunny bedrooms. The bedrooms also have real wood flooring that is also in great condition. Both units have access to the huge yard area - with big shade trees and mature landscaping - perfect for enjoying the outdoors. There is a carport and a large off-street parking area which can easily accommodate 3 cars. Additionally, each unit has a locking storage closet. This desirable property has been carefully maintained by the current owner for over 30 years. The duplex is, and has been, professionally managed and is on a maintenance schedule which includes consistent furnace cleaning, sewer line cleaning, gutter cleaning, and more - no worries about deferred maintenance here! This Ivywild investment opportunity is easily accessible to the many miles of trails in Cheyenne Canyon., and for the urbanite... the access to downtown and the new "hip" area of town - The South End - could not be easier. Don't miss your opportunity to own this terrific investment gem! 1914 has a tenant in place with a lease through July 30, 2021.

  Listing Details

Property Type
Income Property
MLS#
2341656
MLS Originator
REcolorado (Denver)
Last Updated
09-25-2020 02:03pm
Status
Sold
Status Conditions
None Known
Der PSF Total
264.85
Off Market Date
08-18-2020 12:00am

  Property Details

Property Subtype
Duplex
Sold Price
$370,000
Original Price
$364,900
List Price
$370,000
Location
Colorado Springs, CO 80906
SqFT
1397.00
Year Built
1954
Acres
0.29
Parking Count
1

  Property Units Details

#
Unit Type
SqFt
Rent
Total #Units
Beds
Baths
Air cond
Dish wash
Dryer
Fire place
Hook ups
Parking
Refrig.
Storage Units
Stove
Washer
1
4 Bedroom Or More
1397.00
1000.00
2
2
1
0
1
0
0
0
0
1
0
1
0

  Map

  Property Level and Sizes

SqFt Lot
12800.00
Lot Size
0.29

  Financial Details

PSF Total
$264.85
PSF Finished
$264.85
PSF Above Grade
$264.85
Previous Year Tax
$1,144
Year Tax
2019

  Interior Details

Cooling
None
Heating
Forced Air
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

  Exterior Details

Sewer
Public Sewer

  Room Details

  Garage & Parking

Parking Spaces
1
Type
# of Spaces
L x W
Description
Carport (Detached)
1
-

  Exterior Construction

Roof
Composition
Construction
Frame

  Land Details

PPA
1275862.07

  Schools

Elementary School
Adams
Middle School
North
High School
Palmer



  Walk Score





  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1912-1914 Cascade Lane, Colorado Springs, CO 80906
- Property Type: Income Property, - beds, - baths, 1397.00 SqFT
- Selling Price: $364,900
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$364,900 (1)
$364,900 (1)
$364,900 (1)
Area 2 (1-2 miles)
$0 (0)
$364,900 (1)
$364,900 (1)
$364,900 (1)
Area 3 (2-3 miles)
$0 (0)
$364,900 (1)
$364,900 (1)
$364,900 (1)
Area 4 (3-5 miles)
$369,900 (1)
$326,600 (3)
$309,950 (4)
$309,950 (4)

  Contact Agent

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