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311 Farragut Avenue, Colorado Springs, CO, 80909

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311 Farragut Avenue, Colorado Springs, CO, 80909

6 Beds
3 Baths
SqFt
0.19 Acres

Listing Id

3263953
$730,000

Welcome to your dream property located in the heart of Colorado Springs. This house and cottage/ADU offers the perfect blend of contemporary living and investment potential. Whether you’re seeking a charming home with supplementary income or a savvy investment opportunity, this property caters to your needs. The main house features a spacious 4 bedrooms and 2 bathrooms provide ample space for comfortable living. Enjoy modern conveniences with central air and heating, ensuring year-round comfort. The main house boasts a beautifully landscaped private yard, perfect for outdoor gatherings and relaxation. Currently leased on a one-year agreement, providing immediate rental income for investors.The Cottage/ADU is a separate 2-bedroom, 1-bathroom house, fully furnished for your convenience. Ideal for multi-generational living, accommodating guests, or generating additional rental income. Zoned R2, offering flexibility for both short-term and long-term rental options. The ADU is currently set up for short-term rental, maximizing income potential for investors. Built in 2022, the cottage showcases modern finishes and thoughtful design throughout and guests of the short term rental absolutely love it!Situated just moments away from downtown, enjoy easy access to dining, shopping, and entertainment. Close proximity to Memorial Hospital and the Olympic Training Center makes it an ideal location for traveling professionals, and olympic athletes seeking temporary accommodation.Whether you envision yourself living in the cottage while leasing the main house, or maximizing rental income by renting out both properties, this versatile offering presents endless possibilities. Don’t miss out on this rare opportunity to own a piece of Colorado Springs thriving real estate market. Schedule your viewing today!

Property Details
Price:
$730,000
MLS #:
3263953
Status:
Active
Beds:
6
Baths:
3
Address:
311 Farragut Avenue
Type:
Single Family
Subdivision:
East End Addition
City:
Colorado Springs
Listed Date:
Apr 26, 2024
State:
CO
Finished Sq Ft:
1,536
ZIP:
80909
Lot Size:
8,250 sqft / 0.19 acres (approx)
Year Built:
1952
Interior
Appliances
220v in Kitchen, Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
Baths Full
2
Baths Three Quarter
1
Cooling
Central Air, Electric, See Prop Desc Remarks
Floors
Carpet, Tile, Wood, Luxury Vinyl
Heating
Electric, Forced Air, Heat Pump
Interior Features
6- Panel Doors
Exterior
Foundation Details
Full Basement
Out Buildings
Gazebo, Shop, Storage Shed
Roof
Composite Shingle
Structure
Framed on Lot
Water
Municipal
Schools
School District:
Colorado Springs 11
Financial
Association Fee
0.00
Tax Year
2022
Taxes
$1,266

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311 Farragut Avenue
Colorado Springs, CO