This meticulously updated three-bedroom, two-bathroom home offers an ideal primary residence and an enticing rental investment. Modern finishes and a prime location near Prospect Lake and downtown Colorado Springs ensure broad tenant appeal. The property's R2 zoning adds exceptional value, allowing for the potential development of a second residence on the same lot. This unique feature provides flexibility for expanded rental income or versatile living arrangements. Professionally landscaped spaces enhance the property's charm, offering a low-maintenance outdoor retreat. The spacious deck and fire pit are perfect for entertainment, elevating the home's overall attractiveness. To further entice investors, the seller is also interested in selling all furniture, streamlining the rental process and providing tenants with a fully furnished residence. The property's proximity to Prospect Lake, outdoor activities, parks, and trails all near downtown Colorado Springs amplifies its rental potential, appealing to those seeking a vibrant lifestyle. With easy access to major highways and nearby amenities, tenants enjoy seamless commuting and daily convenience. Whether you're searching for your dream home or a strategic investment, this residence, with its R2 zoning, strikes a balance of style, convenience, and rental potential. Schedule your showing today to explore the lucrative possibilities this property holds for your real estate portfolio!
Sold for $335,000 on 03/19/24
$335,000
1115 E Rio Grande St, Colorado Springs, CO 80910
3beds
1,494sqft
Single Family Residence
Built in 1969
4,950 Square Feet Lot
$337,100 Zestimate®
$224/sqft
$1,988 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 22, 2024 at 05:31am
Listed by:
Reza Zahedi 937-974-8053,
Reza Sells, LLC
Bought with:
Alphonsine Hutmacher ABR AHWD CRS GRI MRP PSA RSPS SRES
Coldwell Banker Realty
Source: Pikes Peak MLS,MLS#: 9199090
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Basement
- Area: 747
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Laundry: In Basement
Features
- Breakfast Bar
- Flooring: Carpet, Tile, Wood
- Basement: Full,Finished
- Has fireplace: Yes
- Fireplace features: Basement
Interior area
- Total structure area: 1,494
- Total interior livable area: 1,494 sqft
- Finished area above ground: 747
- Finished area below ground: 747
Property
Parking
- Parking features: No Garage, Concrete Driveway
Features
- Patio & porch: Covered, Wood Deck
- Fencing: Front Yard,Back Yard
Lot
- Size: 4,950 sqft
- Features: See Remarks, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Public Transit, Near Schools, Near Shopping Center, Front Landscaped
Details
- Additional structures: Storage
- Parcel number: 6420102019
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composite Shingle
Condition
- Existing Home
- New construction: No
- Year built: 1969
Utilities & green energy
- Water: Municipal
Community & neighborhood
Location
- Region: Colorado Springs
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
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Estimated market value
$337,100