$698,000
For Sale

1522 S Tejon Street

Colorado Springs, CO 80905
Browse 32 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Nice C-5 Zoned property located in the well desired Ivywild Sub. that offers 2 homes(ADU)/2 car garage/private & gated off-street parking. Enjoy the convenience to nearby downtown, I-25, and other new-restaurants/shopping/new grocery stores within walking distance, Broadmoor Hotel, new-Creek Walk Shopping Center & Ivywild School with Brewery/restaurants etc. are nice attractions to the area + more development to come. This C-5 Zoned property allows for a variety of uses to include: professional office/retail/residential single family/long term or short term rental-buyer to verify any and all required city permits for allowed uses. The front house includes 1398 sf(per-county assessor) with an unfin. 936 SF basement(not included above SF.)-great for storage/shop/utility area. Rear detached ADU/Cottage unit-separate address & utilities includes 640 SF.; 2BR/LR/Kit./1Bath/nice composite balcony + enjoy the large 640 SF garage with separate storage/utility/laundry room. Both properties have had many updates/remodeling completed recently and over the years. Enclosed front porch converted into finished living area and great for office/flex-room space. All porch/decks are newer composite type. Both units have Washer/Dryer. Front house: newer central AC & furnace, windows, kitchen, lights, doors etc. The detached Cottage & Garage building is constructed with concrete/stucco construction-very solid and quiet building, also has many updates. Both homes enjoy mountain views! Many of the homes located along this section of S. Tejon St. have been converted into small businesses/commercial use properties, however, both properties have been used as residential; live in one unit, rent the other or rent both units-endless possibilities. The main-front house has a large attic with 2 dormer windows that could allow for possible expansion of home into a livable 2nd floor; large detached garage under existing cottage house also has potential to be converted into another unit?

  • Property Details
      • Exterior FeaturesAlum/Vinyl/Steel, Masonite Type, Wood
      • School DistrictColorado Springs 11
      • RoofComposite Shingle
      • RegionColorado Springs
      • Property SubtypeHouse W/Cottage
      • Property TypeMulti-Family
      • CountyEl Paso
      • MLS #1895929
      • MLS #1895929
      • Cost698000
      • Year Built1914

Location

Michele Gwin | RE/MAX ProfessionalsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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