506 W Cheyenne Road, Colorado Springs

$1,200,000

0 Beds
0 Baths
2,379 Sqft
½ Acres
4 Garages

Thank you for your interest in this unique property in a desirable part of Colorado Springs near the Broadmoor resort. It is not uncommon to find a home with a cottage(ADU) on the lot, but it is rare to find a home with a 4-plex and a second 2-car garage that can be rented out for cash flow. In the South half of the lot there is a 4-bedroom, 2-bath single-family home with two-car attached garage and huge fenced yard. In the rear of the lot, there is a 4-plex with four 1-bedroom, 1-bath units and a detached two-car garage all rented separately). Live in the front house and let the 4-plex rental units and detached garage fund your lifestyle, or rent out all five units, plus the detached garage to maximize cash flow.

Essential Information
MLS® #6514427
Price$1,200,000
Bathrooms0.00
Square Footage2,379
Acres0.50
Year Built1954
TypeCommercial Sale
Sub-TypeMulti-Family
StatusActive
Community Information
Address506 W Cheyenne Road
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80906
Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Exterior
RoofComposition, Membrane
Additional Information
Date ListedMay 5th, 2024
ZoningR1-6 R2
Parking Spaces4
ParkingDriveway-Gravel
# of Garages4
Listing Details
OfficeRAWHIDE COMPANY REALTORS THE
LISTING MAP

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