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117 S Limit Street

Colorado Springs, CO 80905
  • $550,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: 2868329
UPDATED: 41 min ago
$550,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 788
    SQFT
  • $698
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1889
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Real Broker, LLC DBA Real: 720-807-2890.

Description

Rare investment opportunity"TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both , two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features its own private entrance, laundry area, partial basement, and updated mechanicals, including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Dont miss this chance to secure a mixed-use property with endless possibilities!

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Pikes Peak Multiple Listing Service logo Action Team Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-07-15T11:40:56.37.
www.actionteamcolorado.com/homes/164483696
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117 S Limit Street Colorado Springs, CO 80905

  • Price: $550,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 41 min ago
  • ID#: 2868329
2
Beds
1
Baths
0
½ Baths
0.15
Acres
788
SQFT
$698
$/SQFT
1889
Built
Neighborhood:
West Bluff
County:
El Paso
Area:
Colorado Springs
Elementary School:
West
Middle School:
West
High School:
Coronado
School District:
Colorado Springs 11
Property Description
Rare investment opportunity"TWO homes on ONE commercially zoned lot just minutes from downtown Colorado Springs! This unique property includes both , two detached single-family homes situated on an oversized, high-visibility C-5 zoned lot. Ideal for investors, house hackers, or small business owners, this property offers incredible flexibility. The C-5 zoning allows for mixed-use, live/work, retail, office space, or traditional rental income. Each home features its own private entrance, laundry area, partial basement, and updated mechanicals, including newer furnaces, water heaters, and roofs. Unit 117 is a true 2-bedroom, 1-bath layout, while Unit 125 offers 3 non-conforming bedrooms used as sleeping areas and 1 bath. Both units are equipped with gas hookups and 220V connections, providing added versatility. A detached 1-car garage, off-street parking, and partial fencing add further value for tenant convenience or business access. Located in a high-traffic area within walking distance to restaurants, shops, and nightlife, this is an exceptional opportunity to own two homes on one centrally located lot with zoning that supports long-term income and growth potential. Dont miss this chance to secure a mixed-use property with endless possibilities!
Exterior Features

Fence See Prop Desc Remarks Floor Plan Ranch Foundation Details Other Garage Amenities Oversized Garage Type Detached Lot Description LevelMountain View Lot Location Near ParkNear SchoolsNear Shopping Center Lot Size 6531.0000 Lot Size Units SqFt Patio Desc CoveredSee Prop Desc Remarks Roof Composite Shingle Siding Wood Structure Framed on LotFrame

Interior Features

Appliances DryerOvenRangeRefrigeratorWasher Basement Percent Finished 0 Cooling None Fireplace Description None Floors CarpetTile Heating Forced AirNatural Gas Laundry Facilities Main Main Floor Bedroom YN Yes Sq Ft Finished 788 Sq Ft Lower Floor 0 Sq Ft Lower Percent 0 Sq Ft Main Floor 788 Sq Ft Total Basement 0 Sq Ft Upper Floor 0

Property Features

Association Fee 0.00 Association Fee Frequency Not Applicable Construction Status Existing Home HOACovenants Exist YN No Miscellaneous See Prop Desc Remarks Notices Not Applicable Tax Amount 1021.51 Tax Year 2024 Terms CashConventionalFHA203K Utilities Electricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Action Team Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-07-15T11:40:56.37.
 
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Action Team Realty
6265 Lehman Drive, Ste 100
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Real Broker, LLC DBA Real: 720-807-2890.