Skip To Content

423 N El Paso Street

Colorado Springs, CO 80903
  • $400,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: 9573744
Price Reduced
$400,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Demos Real Estate and Investments: 719-338-8110.

Description

-HOUSE AND COTTAGE FIXER UPPER IN IDEAL LOCATION RIGHT ACCROSS FROM SHOOKS RUN PARK. HOUSE HAS 2 BEDROOMS, 2 BATHROOMS AND COTTAGE HAS 1 BEDROOM AND ONE BATH. THERE IS CURRENTLY NO GARAGE ON EITHER UNIT, BUT ROOM FOR A DETACHED GARAGE OR CARPORT ON EITHER. THE HOUSE IS ROUGHLY 984 SQ. FT BUT ROOM TO EXPAND IN THE NON FINISHED UPPER AREA THAT IS JUST OVER 760 SQ. FT. THE COTTAGE IS JUST OVER 400 SQ. FT. AND HAS PRIVACY WITH NO THRU TRAFFIC IN ALLEY. PROPERTY COULD EASILY BE LANDSCAPED AND HAS A POND/WATER FEATURE IN FRONT(NON WORKING AND JUST NEEDS PUMP). BOTH PROPERTIES WOULD RENT QUICKLY WITH A GREAT POTENTIAL CAP RATE. THIS PROPERTY IS IDEAL FOR A FIX AND FLIPPER AND/OR CONTRACTOR WHO IS HANDY AND CAN SEE THE GREAT POTENTIAL IN THIS DIAMOND IN THE ROUGH.---NOTE---PROPERTY HAS BEEN OFF THE MARKET TO ALLOW CONTRACTORS TO FINISH WORK. WORK INCLUDED A NEW ROOF AND GUTTERS ON HOME AND COTTAGE, ALL NEW PEX PLUMBING, NEW UPGRADED ELECTRICAL AND A NEW FOUNDATION COMING ON MAY 15.

Monthly Payment Calculator



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 2024-05-22T23:41:10.44.
www.actionteamcolorado.com/homes/148382813
Print Image

423 N El Paso Street Colorado Springs, CO 80903

  • Price: $400,000
  • Status: Active
  • On Site: 76 Days
  • ID#: 9573744
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1904
Built
Neighborhood:
Olders Add
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
-HOUSE AND COTTAGE FIXER UPPER IN IDEAL LOCATION RIGHT ACCROSS FROM SHOOKS RUN PARK. HOUSE HAS 2 BEDROOMS, 2 BATHROOMS AND COTTAGE HAS 1 BEDROOM AND ONE BATH. THERE IS CURRENTLY NO GARAGE ON EITHER UNIT, BUT ROOM FOR A DETACHED GARAGE OR CARPORT ON EITHER. THE HOUSE IS ROUGHLY 984 SQ. FT BUT ROOM TO EXPAND IN THE NON FINISHED UPPER AREA THAT IS JUST OVER 760 SQ. FT. THE COTTAGE IS JUST OVER 400 SQ. FT. AND HAS PRIVACY WITH NO THRU TRAFFIC IN ALLEY. PROPERTY COULD EASILY BE LANDSCAPED AND HAS A POND/WATER FEATURE IN FRONT(NON WORKING AND JUST NEEDS PUMP). BOTH PROPERTIES WOULD RENT QUICKLY WITH A GREAT POTENTIAL CAP RATE. THIS PROPERTY IS IDEAL FOR A FIX AND FLIPPER AND/OR CONTRACTOR WHO IS HANDY AND CAN SEE THE GREAT POTENTIAL IN THIS DIAMOND IN THE ROUGH.---NOTE---PROPERTY HAS BEEN OFF THE MARKET TO ALLOW CONTRACTORS TO FINISH WORK. WORK INCLUDED A NEW ROOF AND GUTTERS ON HOME AND COTTAGE, ALL NEW PEX PLUMBING, NEW UPGRADED ELECTRICAL AND A NEW FOUNDATION COMING ON MAY 15.
Exterior Features

Fence See Prop Desc Remarks Foundation Details Crawl Space Lot Size 5600.0000 Lot Size Units SqFt Parking Spaces Number Of 2 Roof Composite Shingle Siding Alum/Vinyl/Steel Structure StoneFrame

Interior Features

Appliances DishwasherDryerGas in KitchenRangeRefrigerator Cooling None Fireplace Description None Heating Electric Laundry Facilities Electric Hook-up Unit Total Baths 3 Unit Total Beds 3

Property Features

Earnest Money 4500 Income Property Sub Type House W/Cottage Notices Sold As Is Tax Amount 1099.56 Tax Year 2022 Terms CashConventional Unit Count 2 Utilities Electricity 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 2024-05-22T23:41:10.44.
 
https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_9573744-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_9573744-2.jpg https://bt-photos.global.ssl.fastly.net/ppmls/orig_boomver_1_9573744-2.jpg
Logo
Action Team Realty
6265 Lehman Drive, Ste 100
Colorado Springs CO, 80918
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Demos Real Estate and Investments: 719-338-8110.