CO > Colorado Springs
Colorado Springs, CO 80906,506 W Cheyenne RD
Colorado Springs, CO 80906,506 W Cheyenne RD
Colorado Springs, CO 80906,506 W Cheyenne RD
Colorado Springs, CO 80906,506 W Cheyenne RD
Colorado Springs, CO 80906,506 W Cheyenne RD
Colorado Springs, CO 80906,506 W Cheyenne RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Angel Carrera

Angel Carrera

+1(719) 654-7477
$ 950,000
Est. payment | /mo

0.5 Acres Lot

Save Virtual Tour
$ 950,000
Est. payment | /mo
Save Virtual Tour

0.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Mix Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6889547

HOA Y/N No

Year Built 1954

Annual Tax Amount $3,524

Tax Year 2023

Lot Size 0.499 Acres

Property Description

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.

Location

State CO

County El Paso

Area Fenmoor

Interior

Cooling None, See Prop Desc Remarks

Fireplaces Number 1

Fireplaces Type One, Wood Burning

Laundry None

Exterior

Fence See Prop Desc Remarks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone

Roof Type Other

Building

Foundation Full Basement

Water Municipal

Structure Type Frame

Schools

School District Cheyenne Mtn-12

Others

Special Listing Condition Established Rental History

Pikes Peak MLS (PPAR)
Listed by The Rawhide Company

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
$ /year
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Full Name
Phone

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

agent-avatar

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(719) 654-7477

angel.carrera@lptrealty.com

Learn More About LPT Realty

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Tour the Home

506 W Cheyenne RD